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Fortune
Fortune
Marco Quiroz-Gutierrez

Chainlink’s token is up 175% in 2023. CEO Sergey Nazarov on why—and how TradFi partnerships may boost crypto more than spot ETFs

Sergey Nazarov is a cofounder of Chainlink Labs. (Credit: Matthew Busch—Bloomberg via Getty Images)

LINK, the native token of the Chainlink ecosystem, has been one of the best performers in the recent altcoin rally spearheaded by Bitcoin’s jump above $37,000.

The token, created by the decentralized oracle network Chainlink Labs, is up over 40% the past seven days and since January has skyrocketed more than 175%. As of Thursday morning, LINK was trading at about $15.60.

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