Chainlink News: LINK Slips 4% Despite LG CNS Banking Deal

Key Insights Chainlink news highlighted LG CNS’s October 22 partnership announcement targeting South Korean financial institutions. LINK price declined approximately 4.4% to $11.96 despite the institutional blockchain agreement. LINK faces support near $11.80, while a recovery could bring $12.60 into focus. Chainlink news focused on South Korea on October 22 as LG CNS detailed its blockchain partnership. However, LINK declined approximately 4.4% to $11.96, according to CoinCodex. The agreement targets stablecoins, tokenized securities, and connectivity between traditional financial systems and blockchains. Neither company disclosed financial terms, deployment deadlines, or confirmed institutional LINK purchases. Chainlink News: LG CNS Expands Its Digital Asset Plans Chainlink’s Oct. 22 announcement outlined three cooperation areas with LG CNS, LG Group’s technology services arm.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to The Coin Republic.