Grayscale's latest research repositions Chainlink as far more than just a source for real-world data; they now view it as the essential digital bridge for the future of global finance, which they believe will run on tokenized infrastructure.
Key Grayscale Arguments
- Essential Infrastructure: Chainlink is critical middleware required to connect traditional financial assets (bonds, funds, etc.) and existing financial architecture to blockchain networks.
- Focus on CCIP: Grayscale highlights the Cross-Chain Interoperability Protocol (CCIP) as the centerpiece, enabling secure movement of transactions, data, and instructions between blockchains and off-chain systems without central intermediaries.
- Institutional Adoption: This vision is already being validated by major financial entities like J.P. Morgan, S&P Global, DTCC, ANZ, and FTSE Russell, which have been testing tokenization pilots using Chainlink services.
- LINK as an Investment: The firm frames the LINK token not as exposure to a single blockchain, but as a cross-industry, multi-chain asset tied to the growth of the overall tokenized economy through oracle operations, messaging, and staking.
Strategic Move: The Proposed GLNK Spot ETF
Grayscale released this bullish report just before filing to convert its Chainlink Trust into a proposed GLNK spot ETF with staking. If approved, this move would provide institutional investors with a regulated vehicle for direct access to LINK and its staking rewards, potentially significantly boosting institutional participation in the Chainlink ecosystem.
In essence, Grayscale argues that Chainlink's technology is an unavoidable necessity for scaling the tokenized economy, making it a pivotal asset for the future of finance.
November 2025, Cryptoniteuae