Hong Kong Gold Exchange integration on October 27 shapes the Chainlink price
Published on 10/29/2026 at 13:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSChainlink expands institutional access
- On October 27, 2026, the Hong Kong Gold Exchange announced a Chainlink integration for its gold-backed XGZ token.
- CustodySync launched with Anchorage Digital Bank on October 26, 2026, connecting qualified custody assets with decentralized lending markets.
- The Chainlink price stands at 11.54 USD as of October 29, 2026, 0.44 percent above the UTC daily close of October 28, 2026.
- LINK spot ETFs recorded zero net flows on October 26, 2026, with cumulative net inflows of 179.23 million USD.
Chainlink (LINK) gained a new institutional integration on October 27, 2026, when the Hong Kong Gold Exchange said it would use Chainlink's cross-chain technology for its gold-backed XGZ token, according to ChainGPT. The Chainlink price stands at 11.54 USD as of October 29, 2026, up 0.44 percent compared with the UTC daily close of October 28, 2026.
Gold-backed XGZ adds a cross-chain link
The October 27, 2026, integration is designed to let XGZ tokens move across supported blockchains, while physical redemption remains available to eligible holders meeting minimum requirements, ChainGPT reported. XGZ represents one gram of 99.99 percent fine gold, according to the same report. Chainlink's cross-chain technology is intended to connect separate blockchain networks so assets and data can move between them.
The development adds another tokenization use case to Chainlink's recent institutional activity. On October 26, 2026, ChainGPT reported that Chainlink launched CustodySync with Anchorage Digital Bank as its launch partner. The service connects assets held with qualified custodians to decentralized lending markets, uses Proof of Reserve to publish custody balances on-chain, and applies Chainlink pricing infrastructure to coordinate collateral values.
South Korea partnership targets 68 billion USD
On October 22, 2026, Chainlink and LG CNS announced a strategic partnership focused on Korean won stablecoins and institutional digital-asset infrastructure, according to The Block. LG CNS plans to integrate Chainlink's cross-chain, data, and orchestration infrastructure into its digital-asset platform solutions. The companies identified a South Korean digital-asset market valued at 68 billion USD and more than 11 million eligible users.
Spot LINK exchange-traded funds recorded zero net flows on October 26, 2026, and had done so for a sixth consecutive trading day, according to TokenPost. Cumulative net inflows stood at 179.23 million USD, while total net assets were 201.59 million USD. The figures mark fund activity, not direct purchases of LINK on the spot market.
LINK trades at 11.54 USD on October 29
According to Investing.com, LINK trades at 11.54 USD as of October 29, 2026. That is 0.44 percent above the UTC daily close of October 28, 2026. The daily high is 11.88 USD and the daily low for the UTC day is 11.49 USD. Investing.com lists market capitalization at 8.64 billion USD, rank 14, and 24-hour volume at 242.09 million USD. Circulating supply is 748.10 million LINK.
Chainlink by the numbers on October 29, 2026
- Cryptocurrency: Chainlink
- Ticker: LINK
- Price as of October 29, 2026: 11.54 USD
- Change vs. UTC daily close of October 28, 2026: +0.44 percent
- Daily high / daily low (UTC day): 11.88 USD / 11.49 USD
- Market capitalization: 8.64 billion USD (rank 14)
- 24-hour volume: 242.09 million USD
- Circulating supply: 748.10 million LINK
