Chainlink Announces Establishment of a Reserve Fund for Cryptocurrency LINK

On the 7th, the Chainlink (LINK) project announced the establishment of a strategic reserve fund for the cryptocurrency asset LINK. The purpose of this fund is to support the long-term growth and sustainability of the Chainlink network. The fund will purchase LINK using on-chain service fees and off-chain revenue from major corporations adopting Chainlink. In this announcement, it was explained that Chainlink's demand has already generated revenues in the hundreds of millions of dollars (tens of billions of yen). A significant portion of these revenues supports access to the Chainlink platform...