Strategic Initiatives @Chainlink | Digital commodity enjoyer | Opinions are my own

Joined December 2012
🚨 New CLG Podcast is live 🚨 Two years since our last episode, @Crypto___Oracle and I discuss how institutional adoption is reshaping crypto and who will benefit as tokenization scales This one was long overdue Link in the next tweet 👇
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For the second week in a row, LINK has been the most traded asset on Coinbase for Agents. The top 3 assets by notional trading volume from 10/19 to 10/25: 🥇 $LINK 🥈 $BTC 🥉 $ETH Coinbase for Agents is now natively available on Grok, Grok Bot, Perplexity Computer, Composio, and via MCP on other AI platforms.
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Zach Rynes | CLG retweeted
Chainlink keeps pumping out new products that all the institutions need. They are literally being told "We need this solved" and Chainlink leans into the fact it holds all the marbles (data + interop + orchestration + more) to make it happen. Collateral stays with the custodian. When an institution deposits collateral with their qualified custodian, the custody balance is published onchain via Chainlink Proof of Reserve, providing a verifiable onchain record of collateral anyone can verify. Collateral is represented onchain. A transfer-restricted receipt token representing the assets held in custody is then posted to the onchain lending market. Its supply reflects the assets held in custody and carries no claim on the underlying assets outside the lending integration. Clients borrow directly. Assets move from the lending market to the borrower in a single transaction. Every borrow, repayment, and interest accrual is recorded in the custodian's records automatically. Both systems priced from the same source. The lending market reads Chainlink Data Feeds onchain, while Chainlink Data Streams deliver identical values directly to the custodian’s offchain systems, so both sides calculate LTV from the same data. The collateral agent facilitates liquidations. If a loan breaches the defined liquidation threshold, the appointed collateral agent sells through its own process. CustodySync records the committed sale proceeds onchain ensuring the position remains stable while the sale settles, with final settlement executing via a single atomic transaction. CustodySync combines multiple components of the broader Chainlink platform into a single solution: $LINK
Chainlink Just Gave Big Institutions a Safe Way Into DeFi Lending @Chainlink released a solution called CustodySync. With this solution, eligible custodians will let institutional customers access the DeFi lending market while keeping assets in custody at all times. @Anchorage, which runs the country’s first federally chartered digital asset bank, is the official launch partner and its first custodian. This opportunity is big. The DeFi lending market is $80 billion, while about $700 billion in digital assets under custody represents only 0.5% of total assets under custody. The new solution helps keep custody and lending systems aligned, so there are no premature or delayed liquidations due to valuation discrepancies in loans.
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Zach Rynes | CLG retweeted
Payward, the parent company of Kraken, announced its intention to be the first CFTC-regulated deployer on HIP-3* markets. Payward will use Hyperliquid as the infrastructure layer to deploy perpetual futures markets for US clients. Subject to regulatory approval, Bitnomial, Payward’s CFTC-regulated DCM and DCO, would act as the HIP-3* deployer: creating, owning, and administering the markets and clearing and settling the contracts. If approved, NinjaTrader Clearing, Payward’s CFTC-registered FCM, would carry client accounts. HIP-3 will support optional deployer configuration for permissioned markets in a future network upgrade. This set of additional deployer functionality is collectively called HIP-3*. At its core, HIP-3* activation involves an onchain allowlist managed by the deployer or its sub-deployers. The functionality is strictly additive to HIP-3; its use is optional and up to the deployer. Existing markets remain unchanged. The initial release is available on testnet, where specifications are preliminary and subject to change based on feedback. Hyperliquid is a neutral infrastructure layer with the goal of supporting large parts of the financial system. HIP-3* gives deployers additional functionality to operate deployments consistent with the requirements applicable to them. As with HIP-3, HIP-3* deployers are independent operators who use Hyperliquid as the onchain infrastructure layer for their own markets, while retaining control and responsibility over their deployment.
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Zach Rynes | CLG retweeted
Replying to @The_dude__80
Appreciate the acknowledgment, but to clarify, we do not view link as a grift. We are a regulated financial institution, and just provide fair and balanced coverage. That means acknowledging potential risks. This is a similar risk shared by many cryptocurrencies because fundamentally they are not equities and not entitled to protocol cash flows. That said, increased adoption of chainlink would potentially result in more demand for link. For now, demand likely grows in-line with broader crypto activity (Defi/ lending / etc) but as more finance moved on chain, it’s TAM could expand massively
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Zach Rynes | CLG retweeted
Very excited about the Link:NYC conference next week in New York. Excited to be bringing together the top TradFi and DeFi teams and their senior leaders to discuss the future of the new global financial system. chain.link/events/linknyc
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Zach Rynes | CLG retweeted
.@chainlink is proud to partner with @hedera, @Aptos, @AvaLabs, and @StellarOrg in urging the SEC to codify its digital commodity framework. Builders need lasting certainty. Codifying this progress would be a meaningful step toward keeping America the home of digital asset innovation. H/t @jackson_mueller for leading this effort 🫡
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Zach Rynes | CLG retweeted
On October 29 we’re bringing senior leaders from across global finance to New York, behind closed doors: banks, exchanges, market infrastructure, asset managers, issuers, treasury teams and regulators. The Future runs on Chainlink. See you in NY!
Link:NYC is bringing together the senior finance leaders shaping how value moves in a digital, always-on, AI-driven economy in NYC, 10/29. More than 35 speakers from: → DTCC → CFTC → Swift → ICE → Fidelity → Citi → Morgan Stanley → Bank of America → Wells Fargo → Deutsche Börse → Robinhood → Apex Group → and many more Apply → chain.link/events/linknyc/ap…
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Zach Rynes | CLG retweeted
Direct staking on Ethereum L2s is live via the Lido UI. Stake ETH on @arbitrum, @base, @LineaBuild & @Optimism in just a few clicks, all without manually bridging to Ethereum and back. Powered by @chainlink CCIP.
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Zach Rynes | CLG retweeted
Lately it’s been hard to come to grips with the fact that the crypto world I grew up in and loved is mostly gone and I don’t fit in with or relate to what’s popular in crypto anymore Hopeful that this will change one day but I’m not going to hold my breath
$400m worth of crypto at a private invite only pumpfun party (but you wouldn’t know it)
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Zach Rynes | CLG retweeted
Haven’t been tweeting as much lately since most of my mental energy has been absorbed by ramping up at @chainlink In the first 6 weeks I’ve had the opportunity to meet many of my new colleagues in person as well as have client and partner conversations at Sibos. Plus supporting massive product and partner announcements. I’m more excited by the day about Chainlink’s role in the industry and the immense talent I see on the team. Plan to continue sharing insights about what I see in the digital asset space and the broader tech landscape, sprinkled with ideas about organizations, marketing, parenting, and more. Thanks for following along!
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