Grayscale Chainlink Trust (Conversion) USD Price
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About Grayscale Chainlink Trust (Conversion)
Grayscale Chainlink Trust is an investment vehicle designed to give investors exposure to the Chainlink token (“LINK”) without requiring them to manage, store, or secure the token directly. By holding shares of the Trust, investors track LINK’s market price indirectly, with adjustments made for fees and expenses.
Chainlink serves as a decentralized oracle network built on Ethereum, facilitating the flow of real-world data into smart contracts and enabling a wide variety of decentralized applications. The Chainlink protocol is foundational in many DeFi, blockchain, and Web3 systems because it reliably bridges off-chain data (e.g. market prices, weather data, etc.) with on-chain computation.
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