todayonchain.com

Nasdaq-listed Caliber initiates LINK staking to support Chainlink node program

Crypto Briefing
Nasdaq-listed Caliber staked 75,000 LINK tokens to support Chainlink node operations and earn yield.

Summary

Nasdaq-listed Caliber has initiated direct involvement in the Chainlink Network's infrastructure by staking 75,000 LINK tokens with a Chainlink node operator. This action is part of Caliber’s Digital Asset Treasury (DAT) strategy, which aims to support Chainlink's growth, ensure transaction validation, and generate token-denominated yields that benefit shareholders. CEO Chris Loeffler stated that the commitment supports the infrastructure for the future of money, allowing the firm to capture economic rewards typically inaccessible to individual investors. Caliber plans to stake additional LINK in the future, leveraging its experience in private equity to secure what it views as the core routing layer for modernizing global finance.

(Source:Crypto Briefing)