Chainlink (LINK) has recently made headlines with its strategic new partnerships, sparking a significant buying spree among crypto whales. 

Does the flurry of activity highlight the growing confidence in Chainlink’s long-term potential and its expanding ecosystem?

Chainlink New Partnerships

SingularityDAO, a decentralized platform renowned for AI-enhanced crypto asset management, joined forces with Chainlink Labs to support Chainlink BUILD members. Eventually, this collaboration is set to offer expanded opportunities through SingularityDAO’s launchpad, incubation services, and other innovative avenues.

Members of Chainlink’s BUILD program, designed to accelerate promising early-stage startups in its ecosystem, stand to benefit from this collaboration. SingularityDAO’s mentorship, training sessions, and incubation services will propel these projects forward.

Read more: How To Buy Chainlink (LINK) and Everything You Need To Know

Meanwhile, Redacted’s integration of Chainlink CCIP for cross-chain transfers of Pirex ETH (pxETH) further underscores Chainlink’s growing influence in the Web3 space. Redacted, a builder of DeFi products, has chosen Chainlink CCIP for its high security and reliability standards, crucial in the volatile cryptocurrency market. 

The integration aims to make pxETH accessible across various blockchains for cross-chain interoperability.

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Author: Harsh Notariya

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