LG CNS partnership on October 22: What it means for the Chainlink price

Published on 10/23/2026 at 18:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The deal targets South Korea's 68 billion USD digital asset market. Chainlink price falls 4.61 percent to 12.69 USD on October 23, 2026.

Partnerships and fund flows

On October 22, Chainlink joined LG CNS on Korean digital asset infrastructure.
Spot LINK funds recorded a 397,256 USD outflow on October 16, 2026.
The Chainlink price stands at 12.69 USD as of October 23, 2026, 4.61 percent below the UTC daily close of October 22, 2026.
OpenZeppelin embedded CCIP and ACE into its tooling on October 20, 2026.

Chainlink, XCRYPTOLINK2, Illustration mit AI erstellt.

Chainlink (LINK) entered a strategic partnership with LG CNS on October 22, 2026, covering infrastructure for South Korea's 68 billion USD digital asset market. According to PR Newswire, the companies will work on Korean stablecoin distribution, cross-chain connectivity and technical standards for regulated digital assets.

The Chainlink price is 12.69 USD as of October 23, 2026, down 4.61 percent compared with the UTC daily close of October 22, 2026.

LG CNS targets 11 million eligible users

LG CNS is the technology arm of LG Group and the lead contractor for the Bank of Korea's Project Hangang digital currency initiative, according to PR Newswire. The first phase of that project involved 80,000 customers across seven Korean banks.

The partnership gives LG CNS access to Chainlink's cross-chain, data and orchestration infrastructure for institutional digital asset solutions. South Korea's market has more than 11 million eligible stablecoin users, the announcement said on October 22, 2026.

OpenZeppelin adds CCIP and ACE on October 20

A separate integration was announced on October 20, 2026, when OpenZeppelin embedded Chainlink's Cross-Chain Interoperability Protocol, or CCIP, and Automated Compliance Engine, or ACE, into its development tools. OpenZeppelin said the tools support cross-chain token deployment and programmable compliance checks such as sanctions screening, know-your-customer controls and volume limits, according to OpenZeppelin.

Fund activity supplied a separate market measure. U.S. spot LINK funds recorded a 397,256 USD net outflow on October 16, 2026, while cumulative net inflows reached 179.23 million USD, according to TokenPost. The report also said the Chainlink Reserve added 431,900 LINK over 30 days.

LINK trades between 12.11 USD and 13.37 USD

According to Investing.com, the Chainlink price is 12.69 USD as of October 23, 2026. LINK is 4.61 percent below the UTC daily close of October 22, 2026, with a daily high of 13.37 USD and a daily low of 12.11 USD for the UTC day. Market capitalization is 9.48 billion USD, ranking Chainlink 13th, while 24-hour volume is 508.42 million USD. Circulating supply is 748.10 million LINK.