Chainlink has made an exciting announcement regarding its partnership with Landshare. Landshare will be integrating Chainlink’s tokenization infrastructure, including CCIP and Automation. This integration aims to unlock utility and liquidity for its native token, LAND, and expand its capabilities across Polygon, BNB Chain, and Arbitrum. Users will also be able to transfer the token through Transporter.
The community has responded positively to this development, as evidenced by the increased token values. LAND has seen a 2.78% increase in the last 24 hours, trading at $2.20. Moreover, it has experienced a surge of 18.39% in the last 7 days, although there has been a decline of 19.03% in the last 30 days. Landshare is hopeful that by continuing its integration with Chainlink, LAND will reach the $5 mark by the end of the year.
Notably, Chainlink’s LINK token has also shown positive movement following this announcement. It has gained 0.53% in the last 24 hours and 9.98% in the last 7 days. However, it has experienced a 2.82% decline in the last month, now valued at $14.33. According to Chainlink’s forecast, LINK is expected to see an uptick to $20, indicating mutual growth potential for both LINK and LAND.
The news of the partnership has been met with enthusiasm from the community, with many believing LAND to be a promising gem that can provide better returns for its holders.
Landshare, as an RWA platform, confirmed the development by reporting it on its X profile. They expressed excitement over achieving the final milestone on their Q1-Q2 roadmap. Additionally, Landshare hinted at an upcoming adventure where users can bridge, burn, and stake to compete for the 2,000 LAND rewards pool.
This collaboration follows Chainlink’s recent partnership with Fidelity International and Sygnum to provide NAV data on-chain for Fidelity International’s $6.9 billion money market fund.
In another recent announcement, Chainlink showcased the adoption of CCIP by Morphex. This implementation enables cross-chain transfers of their native token (BMX) across Mode Network and Base blockchains.
Chainlink’s price feed continues to gain recognition in the industry, with Moonwell integrating it to secure borrowing and lending functionalities across Moonbeam Network, Base, and Moonriver Network. Chainlink’s safety-critical infrastructure is a key factor in its success, as it enhances the user experience.
Landshare shares a similar focus on user experience, recently simplifying the KYC process. Users can now mint an on-chain NFT containing encrypted credentials and get whitelisted with just a few clicks. Landshare is dedicated to further improving this process for a smoother user experience in the future.
With the partnership between Chainlink and Landshare progressing, the community eagerly awaits the results that will benefit them on a larger scale.