Hassan Maishera
Chainlink announced via X on Thursday that Monaco, an institutional-grade trading protocol incubated by Sei Labs, is adopting Chainlink as its official oracle and interoperability solution.
Monaco is integrating Chainlink CCIP to enable highly secure cross-chain deposits and collateral transfers, significantly expanding its reach and adoption across the multi-chain ecosystem.
Through Chainlink Data Streams and DataLink, Monaco is gaining access to low-latency, highly secure market data to power a robust framework for the next generation of trading on Sei.
Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is up 0.5% over the past 24 hours and is trading at $14.95 at press time.
