Chainlink Supports New $100 Million Fund with On-Chain NAV Reporting

Amundi and Spiko have introduced the $100 million Spiko Amundi Overnight Swap Fund, utilizing Chainlink's oracle infrastructure for on-chain NAV reporting. According to NS3.AI, Chainlink facilitates the writing of NAV data from Amundi onto Ethereum and Stellar in near real time, enabling smart contract users to verify pricing directly on-chain. Despite these advancements, LINK continues to trade below the $10 resistance level, even as exchange reserves decrease and ETF inflow data strengthens.