Balcony Taps Chainlink to Support Its $240B Real Estate Tokenization Initiative

Chainlink to Power Balcony’s $240B Real Estate Tokenization Platform

28/10/2025

Chainlink (LINK) traded slightly above $18 on Tuesday amid volatile conditions and a surge in trading activity, following the announcement of a major partnership advancing blockchain adoption in real estate markets.

According to CoinDesk Research, LINK’s trading volume jumped to 2.27 million tokens, marking a 91% increase over its daily average. Despite the uptick in activity, the token’s upward momentum was capped by resistance near the $19 level, a zone that has repeatedly halted previous rally attempts.

The price action coincided with Chainlink’s latest strategic partnership with Balcony, a real estate tokenization platform collaborating with local governments. Balcony will integrate Chainlink’s Runtime Environment (CRE) to bring more than $240 billion worth of government-sourced property data onchain. The initiative aims to make property records and real estate assets programmable, transparent, and verifiable, beginning with parcel-level land data.

Balcony’s Keystone platform, powered by Chainlink CRE, allows authenticated property information to flow directly onchain — a crucial step toward building compliant digital real estate markets. The partnership highlights Chainlink’s growing influence in the real-world asset (RWA) tokenization sector, where secure and verifiable data remain critical for institutional adoption.

Separately, Virtune, a Swedish-regulated digital asset manager and crypto ETP issuer, announced the integration of Chainlink’s Proof of Reserve service across its $450 million in digital asset exchange-traded products. The service independently verifies aggregate holdings without disclosing wallet details, enhancing transparency and investor assurance.

LINK Technical Outlook: Momentum Builds Above $18 Support

• Support/Resistance: LINK maintains strong support near $18.21, with additional backing around $18.30. Resistance remains firm at $18.82, with a psychological ceiling at $19.00.
• Volume Analysis: Breakout volume of 2.27 million tokens, up 91% from average levels, confirms renewed institutional engagement.
• Trend Structure: An ascending formation from $18.04 lows signals sustained bullish momentum and validates the emerging uptrend.
• Targets: Immediate upside target sits at $19.00, with downside risk contained near $18.40.

As real-world adoption of Chainlink’s infrastructure accelerates, both fundamental developments and technical patterns suggest the network remains well positioned for continued growth, with LINK eyeing a potential breakout above the $19 threshold.

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