Nasdaq-listed firm Caliber, a real estate and digital asset manager, has adopted Chainlink (LINK) as part of its digital asset strategy.
In an announcement today, the company disclosed that it has officially completed its first purchase of LINK tokens. The acquisition serves as a system test and marks Caliber’s entry into its newly launched Digital Asset Treasury Strategy.
The firm stated that future LINK acquisitions will be funded through existing cash reserves, an ELOC, and equity-based securities, with plans for consistent purchases over time.
Gradual Accumulation and Staking Goals
The treasury strategy aims to build a significant position in LINK within Caliber’s treasury through gradual and measured acquisitions.
In addition to holding, the company intends to generate yield from staking, which it views as a disciplined and institutional approach to long-term growth. Management described the strategy as a way to enter the market responsibly.
Chainlink at the Center of Digital Expansion
Caliber is the first Nasdaq-listed company to base its treasury strategy around LINK, the cryptocurrency from Chainlink. The company believes Chainlink is key to connecting blockchains with real-world assets, positioning Caliber at the intersection of real estate and digital assets.
With this move, Caliber’s shareholders now have direct exposure to LINK through the company’s stock. This adds a digital asset component to Caliber’s traditional real estate portfolio worth over $2.9 billion.
Beyond its inclusion in Caliber’s digital asset strategy, Chainlink is also seeing increased adoption from institutions via the ETF market.
LINK ETF in the Works
Last week, Grayscale Investments became the second asset manager to file for a Chainlink ETF. The proposed product aims to offer exposure to LINK without requiring direct ownership and would trade under the ticker GLNK on NYSE Arca, pending regulatory approval.
Grayscale follows Bitwise, which filed for a similar Chainlink ETF in August. This move is part of Grayscale’s broader altcoin ETF strategy, which includes filings for Cardano (ADA), Polkadot, Dogecoin, Hedera, Solana, and XRP.
Other firms—such as WisdomTree, 21Shares, and Canary Capital—are also pursuing altcoin ETFs. With regulatory decisions expected in October, prediction markets show high odds for approval: 87% for Cardano and 93% for XRP.
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