Nasdaq-listed real estate asset manager Caliber, in a move that could only be described as daring and slightly theatrical, has announced that its Board has approved a groundbreaking digital asset treasury (DAT) strategy. 🎭💰
This DAT strategy, with the elegance of a well-tailored suit, will focus on acquiring LINK, the native cryptocurrency of the Chainlink protocol. One might say, it’s a strategy as bold as a declaration of love at a funeral. 💔🔗
Indeed, this aligns with the growing trend of institutional adoption of digital assets into corporate treasuries, a trend so inevitable that even the most skeptical among us might find themselves humming a tune of technological optimism. 🎶📈
Caliber Goes All in on Chainlink Strategy
Caliber’s Board, in a display of collective wisdom that rivals the deliberations of ancient philosophers, has not only approved the DAT Strategy but has also established a dedicated Crypto Advisory Board, composed of digital asset and blockchain experts. One can almost hear the echoes of intellectual discourse and the clinking of teacups in the background. 🍵👩🏫👨🏫
The DAT strategy, as intricate as a Victorian novel, involves the allocation of treasury funds to acquire and stake LINK tokens, with the hope that it appreciates significantly in the long term. It’s a gamble, yes, but one that promises a narrative rich in drama and potential rewards. 🎲📚
According to the company’s plans, the acquisitions would be funded through its existing ELOC, cash reserves, and equity-based securities. A financial strategy as carefully planned as a debutante’s ball. 🕰️💃
To ensure the initiative is carried out effectively, Caliber has formed strategic partnerships with the likes of Perkins Coie, Manatt, Phelps & Phillips, Deloitte, and others. A veritable who’s who of the legal and financial world, gathered together like a cast of characters in a Dostoevsky novel. 📜👥
Caliber’s comprehensive DAT Policy includes a dedicated framework that is targeted at acquisition, custody, and the management of digital assets like LINK. The core focus is on the sources of funds, security and custody protocols, internal controls, and ongoing Board and Management. A policy as meticulous as a Victorian housewife’s daily schedule. 🗓️🏠
The Board expects the DAT strategy and policy to play a key role in boosting shareholder value, while also strengthening the company’s balance sheet and improving liquidity. It’s a plan that could turn a modest fortune into a grand legacy, much like a well-crafted piece of literature. 📜🌟
The advisory group has closely monitored industry trends and developments in the digital asset treasury space. With these insights, the experts aim to guide Caliber’s capital structure in line with leading industry practices. A task as noble as the quest for the Holy Grail. 🛡️🔍
Beyond Treasury Reserve: Chainlink Bags Multiple Milestones
Still in line with institutional adoption, Chainlink is in the spotlight with several other digital assets. Recently, Bitwise Asset Management submitted an S-1 filing to the US Securities and Exchange Commission (SEC) to launch a spot LINK Exchange Traded Fund (ETF). This means that the fund will track the price of LINK with no direct exposure to the risks involved, a move as cautious as a Victorian gentleman crossing a busy street. 🚶♂️🚧
For now, the asset manager has not decided on the specific venue for listing the shares but they will be listed on a US national exchange, per the filing. A decision as deliberate as a chess master choosing his next move. ♟️🤔
This momentum likely stems from several recent Chainlink milestones. The protocol became the first oracle to secure ISO 27001 certification along with a SOC 2 Type 1 attestation, both independently verified by Deloitte & Touche LLP. Achievements as significant as a knight being granted a coat of arms. 🛡️📜
In a blog post, it was detailed that Chainlink currently manages over $90 billion in on-chain value, powering protocols like Aave, GMX, Pendle, Compound, and Ether.fi. A responsibility as weighty as the crown jewels. 👑💎
Its CCIP standard is being used by traditional banking firms like Swift, UBS, ANZ Bank, and SBI Digital Markets. This bridges the gap between DeFi and traditional finance (TradFi), a bridge as essential as the one connecting two great cities. 🌉🏙️
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2025-08-28 23:52