LG CNS partnership on October 22, 2026: What it means for the Chainlink price
Published on 10/23/2026 at 13:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSInstitutional links and fund flows
- On October 22, 2026, Chainlink and LG CNS announced cooperation for Korean digital asset infrastructure.
- South Korea's target market includes more than 11 million eligible stablecoin users.
- The Chainlink price stands at 12.69 USD as of October 23, 2026, 4.61 percent below the UTC daily close of October 22, 2026.
- Spot LINK funds recorded a 397,256 USD outflow on October 16, 2026.
Chainlink (LINK) entered a partnership with LG CNS on October 22, 2026, covering infrastructure for South Korea's digital asset market, which is valued at 68 billion USD in the reported account. The Chainlink price is 12.69 USD as of October 23, 2026, down 4.61 percent compared with the UTC daily close of October 22, 2026.
LG CNS targets Korea's 11 million-user market
According to The Block, Chainlink and LG CNS will focus on expanding the utility and distribution of Korean stablecoins. The companies said the market has more than 11 million eligible users.
The agreement also brings Chainlink's cross-chain, data and orchestration infrastructure into LG CNS digital asset platform solutions for Korean institutions, according to The Block. Cross-chain infrastructure connects separate blockchain networks, while data tools provide external information to blockchain applications.
Pacific Meta sets a Japan framework
On October 16, 2026, Japan's Pacific Meta selected Chainlink's Cross-Chain Interoperability Protocol, or CCIP, as its preferred interoperability solution and added the Automated Compliance Engine to its Partner Solutions offering, according to Pacific Meta. The arrangement targets tokenized assets, digital identity and compliance infrastructure for Japanese financial institutions.
Activity in investment products offers a separate measure of demand. TokenPost reported a 397,256 USD net outflow from U.S. spot LINK exchange-traded funds on October 16, 2026, while the Chainlink Reserve accumulated 431,900 LINK over 30 days. The report valued that reserve addition at 5.41 million USD.
LINK market data on October 23, 2026
According to Investing.com, LINK trades at 12.69 USD as of October 23, 2026, down 4.61 percent compared with the UTC daily close of October 22, 2026. The daily high is 13.37 USD and the daily low (UTC day) is 12.11 USD. Market capitalization is 9.48 billion USD, ranking Chainlink 13th, and 24-hour volume is 508.42 million USD. Circulating supply is 748.10 million LINK.
Chainlink by the numbers on October 23, 2026
- Cryptocurrency: Chainlink
- Ticker: LINK
- Price (as of October 23, 2026): 12.69 USD
- Change vs. UTC daily close of October 22, 2026: -4.61 percent
- Daily high / daily low (UTC day): 13.37 USD / 12.11 USD
- Market capitalization: 9.48 billion USD (rank 13)
- 24-hour volume: 508.42 million USD
- Circulating supply: 748.10 million LINK
