A regulated product that allows U.S. investors to gain exposure to Chainlink’s LINK is trading at a 200% premium to spot prices, suggesting institutional demand.
The chainlink product was released in May 2022 and has historically traded at a premium of over 20%. These premiums have shot to as much as 150% over two separate occasions – but Monday’s level is the highest ever so far.
Some research firms have pegged LINK as the “safest bet” to profit from the growing real-world asset (RWA) tokenization hype, which may have helped boost the value of the tokens in recent weeks.
Glasp is a social web highlighter that people can highlight and organize quotes and thoughts from the web, and access other like-minded people’s learning.