Chain $LINK was chosen to take part in the Bank of England's Synchronisation Lab, a six-month experiment examining how tokenized assets and central bank money could settle together using synchronized, atomic settlement infrastructure connected to the UK's next-generation RTGS system. The initiative brings together 18 companies to test interoperability and decentralized settlement workflows in a controlled environment with no real money on the chain. These companies include Web3 infrastructure providers and traditional financial players. LINK's price continued its recent downtrend despite the institutional milestone, trading near multi-month lows and falling further even after the BoE announcement, demonstrating the market's persistent bearish sentiment.

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