Chainlink takes ACE to Japan with LINK at $11.76: no customer and no date named yet

1 week ago 20



The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Pacific Meta of Tokyo is backing Chainlink's CCIP protocol for tokenised assets and takes the Automated Compliance Engine into its partner offering. The price is not reacting, and there is a calculation behind that which explains the whole of October.Chainlink announced a partnership with the Tokyo advisory firm Pacific Meta on October 16. Pacific Meta will use the Cross-Chain Interoperability Protocol, CCIP for short, as its preferred solution for the Japanese financial sector and additionally takes the Automated Compliance Engine, ACE for short, into its partner offering. The price acknowledged the news with nothing: Chainlink traded at $11.76 on Sunday afternoon, 2.06 percent below the previous day. That discrepancy is the real subject of this piece. Since the beginning of October, Chainlink has reported integrations, protocol launches and institutional agreements at a weekly rhythm, and the token has lost ground regardless. Further down is a simple calculation showing why th...

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