Pacific Meta partnership on October 16: What it means for the Chainlink price

Published on 10/24/2026 at 13:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Pacific Meta selected CCIP on October 16. The Chainlink price is 12.69 USD as of October 24, 2026, down 4.61 percent.

Institutional adoption and ETF flows

On October 16, Pacific Meta selected CCIP as its preferred interoperability solution in Japan.
Spot LINK funds recorded a 397,256 USD outflow on October 16.
The Chainlink price stands at 12.69 USD as of October 24, 2026, 4.61 percent below the UTC daily close of October 15, 2026.
Chainlink's reserve added 431,900 LINK over 30 days, according to a report dated October 19.

Chainlink, XCRYPTOLINK2, Illustration mit AI erstellt.

Chainlink (LINK) entered a Japan-focused institutional partnership on October 16, when Pacific Meta selected the Cross-Chain Interoperability Protocol as its preferred interoperability solution. The Chainlink price is 12.69 USD as of October 24, 2026, down 4.61 percent compared with the UTC daily close of October 15, 2026.

Pacific Meta selects CCIP on October 16

According to Pacific Meta, the partnership is designed to expand tokenized finance, on-chain identity and compliance infrastructure in Japan. Pacific Meta also listed Chainlink's Automated Compliance Engine, or ACE, on its marketplace for Japanese financial institutions and enterprises. CCIP is a system for connecting different blockchains, while ACE provides compliance tools for digital-asset deployments.

The announcement identifies three areas of cooperation: market development, business development and on-chain identity and trust infrastructure. Pacific Meta said the work is intended to support institutional tokenization and compliance adoption among Japanese companies and financial institutions.

397,256 USD flowed out of LINK funds

TokenPost reported that United States spot LINK funds recorded a 397,256 USD net outflow on October 16. The report also said Chainlink's reserve accumulated 431,900 LINK over 30 days, with the addition valued at 5.41 million USD. The two figures cover different periods and measure different parts of the market.

On October 20, OpenZeppelin announced that CCIP and ACE were embedded in its tooling. OpenZeppelin said its systems represent more than 38 trillion USD in transferred value, while Chainlink infrastructure has enabled more than 36 trillion USD in transaction value.

LINK trades below 13.00 USD

According to Investing.com, LINK trades at 12.69 USD as of October 24, 2026, down 4.61 percent compared with the UTC daily close of October 15, 2026. The daily high is 13.37 USD and the daily low (UTC day) is 12.11 USD. 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.