- Chainlink shares a bullish announcement with Chainlink Digital Assets Sandbox (DAS).
- This sandbox allows financial institutes to accelerate tokenization from months to days.
- Analyst expects the price of LINK to soar and print 50x gains.
Chainlink announces the launch of a digital asset platform that simplifies the process of tokenization from months to days. This bullish ‘sandbox’ environment allows projects to run trials and test their digital ecosystems.
Chainlink (LINK) holders and enthusiasts expect a major spike in LINK price following the success of the utility of this digital asset platform. One user even expects that when the time comes, LINK could print a 100% green candle within an hour.
$LINK down 2% on news that chainlink launched a digital asset platform which makes tokenization take days not months. any other coin would be up 20%+. we'll get a go live announcement some day and $LINK will go up 100% in a 1 hour candle.
— nicu (@nicucrypto) July 18, 2024pic.twitter.com/vLigALK4N2
In detail, this digital asset sandbox launched by chainlink acts as a turnkey solution that can accelerate innovation within capital markets like real-world asset (RWA) tokenization. Titled the Chainlink Digital Asset Sandbox (DAS), the solution designed by Chainlink Labs is powered by the Cross-Chain Interoperability Protocol (CCIP).
The goal of the DAS is to accelerate digital asset innovation within financial institutions. Now, projects can quickly innovate and test the potential of elevating new revenue opportunities. They can also improve time-to-market timelines, increase efficiency, and run tests before going live.
DAS also acts as an expert advisor that can support and consult growing and startup projects. These financial institutes can now accelerate their successful PoC to days instead of months saving them resources and time to realize their business impact in a timely manner.
As an institution working via Chainlink DAS, institutions can access a preconfigured environment, pre-built workflows and use cases, multiple deployment models, expert support and consultancy services, and customization.
All in all, Chainlink’s many milestones in this crypto halving cycle has it poised to print massive gains in the coming golden bull run phase. In fact, a popular crypto analyst expects LINK to make gains up to 50x.
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The post 50x Gains for LINK Steps Closer as Chainlink Announces Digital Asset Sandbox (DAS) to Accelerate Tokenization appeared first on Crypto News Land.