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Chainlink Partners with DualMint as LINK Gains 82.5% Since July
Chainlink has integrated DualMint into its BUILD program, focusing on tokenizing real-world assets (RWA) by bridging street-level businesses with decentralized finance.
- DualMint aims to finance everyday businesses by connecting them to blockchain liquidity, allowing operators to access capital and participants to earn rewards in USDC.
- Chainlink's LINK token has seen an 82.5% increase since July 1, showing strong market performance with a potential long-term price target of $100-$125.
- DualMint will utilize Chainlink services like Data Feeds and Proof of Reserve for security, making part of its native tokens available to Chainlink service providers.
- This collaboration emphasizes the importance of robust infrastructure in the RWA sector, leveraging Chainlink’s proven technology for secure financial operations.
- The integration is part of Chainlink’s broader strategy, following a recent strategic AI partnership, enhancing its ecosystem's foundation.