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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
In a move reflecting the growing emphasis on security standards within the Real-World Asset (RWA) sector, tokenized gold platform Pleasing Market has announced a strategic infrastructure shift. According to reports, the platform migrated $90 million in Total Value Locked (TVL) from LayerZero to Chainlink’s cross-chain solutions. This migration aims to utilize Chainlink’s secure infrastructure to mitigate systemic risks and ensure the stability of tokenized gold assets across multiple blockchain ecosystems.
This transition occurs amid intensifying competition in the RWA space, as Chainlink seeks to solidify its position as the industry standard against competitors like LayerZero and Pyth Network. Per market data, tokenized assets continue to attract institutional liquidity, with the market capitalization of tokenized gold surpassing $1 billion globally earlier this year (according to CoinGecko reports). This migration further strengthens LINK's footprint in the infrastructure market dedicated to financial institutions handling tokenized commodities.
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Sign InMonitoring market performance, LINK stood at $18.45 (close June 3, 2026) as traders assess how such integrations impact on-chain transaction volumes. Regarding the economic calendar, investors are looking ahead to Fed Kashkari’s speech on May 29, 2026, which may influence broader crypto market sentiment. Traders should watch for support levels near $17.20 in the event of a price correction.