
Chainlink World Cup Role Puts Oracle Settlement Back In The Spotlight
Chainlink’s role in World Cup prediction-market settlement highlights oracle infrastructure as event markets move further into the mainstream.

Chainlink’s role in World Cup prediction-market settlement highlights oracle infrastructure as event markets move further into the mainstream.
Chainlink is the exclusive oracle for FIFA World Cup 2026 prediction markets, yet LINK trades near $7.90, down 20% from May highs. Here's what the technicals and on-chain data say.

Chainlink's enhanced security credentials could boost trust and adoption among compliance-focused institutions, potentially expanding its market reach.

Chainlink now settles the World Cup's official prediction markets across 104 matches, yet LINK sits near 90-day lows. The usage-price gap is the story.

Chainlink's elevation by Bitwise signals a shift in crypto investment strategies, emphasizing infrastructure's growing role in portfolio diversification.

CoinFund led the round, with Coinbase Ventures, Haun Ventures, Jump Capital, Paxos, Chainlink Labs and others participating.

The integration enhances X Layer's DeFi capabilities, potentially boosting OKB demand and solidifying its position in the Ethereum ecosystem.

The integration enhances transparency and trust, potentially boosting institutional adoption and liquidity in the DeFi space for KRW stablecoins.

The integration of blockchain in the 2026 World Cup signifies a shift towards digital innovation in global sports, impacting future fan engagement.
Chainlink Powers $7B World Cup Bets But LINK Hits 90-Day Low

Crypto partnerships at the World Cup could significantly boost blockchain adoption and visibility, influencing future sports and tech collaborations.
Chainlink (LINK) now powers the betting markets behind the 2026 World Cup. Yet, its token trades near $7.94, close to 90-day lows. The disconnect highlights a familiar pattern in crypto. Real-world use of Chainlink’s network is rising, while LINK’s price remains tied to sentiment across the wider market. Chainlink Powers the World Cup’s Betting Rails
CME Group and Nasdaq expand regulated crypto offerings, adding XRP, XLM, and LINK to their new flagship index.

LlamaRisk has submitted two Aave governance proposals covering a four-layer protocol-wide risk standard and a PT oracle upgrade to Chainlink CRE. Founder Stani Kulechov says assets that fail the new standard will be off-boarded.

Chainlink's CCIP drew over $1.1 billion in token value this week as Virtuals Protocol, Pleasing Market, and Zest Protocol joined a migration wave that has now moved nearly $5 billion in total value away from LayerZero since April's Kelp DAO exploit.

Crypto companies raised just over $600 million from venture investors in April, DefiLlama data shows . That’s despite the epidemic of “disingenuous innovation” that is plaguing the digital assets industry, Diego Martin, CEO of Yellow Capital, told DL News , referring to grand promises widely made by crypto startup teams that are rarely fulfilled. “Institutional investors typically wait for retail demand before taking a punt on innovation,” Martin said. To be sure, fundraising in April fell some 75% from March, which was a blockbuster month that saw massive raises in the prediction market sector amid a shifting focus in the crypto industry. “Trust is the primary barrier — and opportunity — to tap into, due to the nature of the technology we work with,” Martin said. Still, marquee investors including German banking giant Deutsche Börse Group, Andreessen Horowitz, Paradigm and Coinbase, all piled on capital into crypto companies including Kraken, OpenGradient , and Pixie Chess . These are the top three raises in April. Kraken, $200 million Payward, the parent company of crypto exchange Kraken, raised $200 million through a secondary share sale to Deutsche Börse. The deal gives the German banking group a minority stake as it moves deeper into digital assets. The move values Kraken at about $13.3 billion, down from $20 billion in late 2025. The company made five acquisition deals in 2025. Kraken’s co-CEO Arjun Sethi told DL News in September that the firm had more transactions lined up. Slash, $100 million Neobanking platform Slash raised $100 million in a Series C round led by Ribbit Capital. Khosla Ventures and Goodwater Capital also backed the raise. Slash provides banking tools for online businesses, including those using crypto. The latest round pushes Slash into unicorn territory, valuing the company at over $1 billion and bringing total funding past $160 million. New Enterprise Associates and Y Combinator also joined the round, marking their fourth investment in the company. Pharos, $44 million Pharos raised $44 million in a Series A round backed by SNZ Holding, Chainlink, and Flow Traders, Coindesk reported . The company is building a Layer 1 blockchain focused on handling large-scale financial activity. Pharos supports Ethereum-compatible applications, making it easier for crypto-native developers to use. You’re reading the latest instalment of The Weekly Raise, our column covering fundraising deals across the crypto and DeFi spaces, powered by DefiLlama. Lance Datskoluo is DL News’ Europe-based markets correspondent. Got a tip? Email him at lance@dlnews.com .