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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Fidelity integrated Chainlink technology into its FILQ fund operations to enhance Real-World Asset (RWA) efficiency. Andrew McCormick of Chainlink Labs highlighted the CLARITY Act as a major catalyst for institutional crypto adoption, potentially removing significant regulatory hurdles. McCormick noted that outdated 1930s-era laws have been the primary barrier to institutional innovation within the digital asset space.