Chainlink Partners with Balcony to Tokenize $240B in Real Estate Data

28/10/2025

Chainlink (LINK) traded just above $18 in a volatile Tuesday session as the oracle network announced a major partnership aimed at expanding blockchain adoption in real-world asset markets.

Trading volume spiked to 2.27 million LINK, about 91% higher than its daily average, signaling strong institutional interest even as the token met resistance near the $19 mark, according to CoinDesk Research data.

On the partnership front, Chainlink has teamed up with Balcony, a real estate tokenization platform collaborating with local governments. Balcony will deploy Chainlink’s Runtime Environment (CRE) to bring more than $240 billion worth of government-sourced property data onchain. The initiative aims to make real estate assets programmable, transparent, and verifiable, starting with parcel-level land records.

Balcony’s Keystone platform, built on Chainlink CRE, enables authenticated property data to flow securely onchain—laying the foundation for compliant digital real estate markets. The collaboration underscores Chainlink’s expanding role in powering tokenized real-world assets (RWAs), where verifiable and regulatory-grade data are essential for institutional adoption.

Meanwhile, Virtune, a Swedish-regulated digital asset manager and crypto ETP issuer, said it has integrated Chainlink’s Proof of Reserve service across its $450 million in digital asset exchange-traded products. The integration verifies and reports aggregate asset holdings without exposing wallet addresses, ensuring transparency and investor confidence.

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Technical Outlook: LINK Eyes Break Above $19 Resistance

• Support / Resistance: Strong support at $18.21, secondary support near $18.30. Resistance remains firm at $18.82, with additional supply expected near $19.00.
• Volume Dynamics: Breakout trading volume of 2.27 million tokens was 91% above average, indicating institutional activity and sustained buying momentum.
• Chart Structure: An ascending pattern from $18.04 lows confirms a constructive uptrend following a decisive breakout.
• Targets & Risk: Immediate upside target stands at the $19.00 psychological level, while downside risk appears limited to the $18.40 support zone.