Real Estate Firm’s Stock Soars 60% on Chainlink LINK Treasury Adoption

Chainlink LINK News - Caliber, a publicly traded real estate asset management firm, has made a groundbreaking move into digital assets by establishing a chainlink treasury. The company's stock surged nearly 60% following the announcement, significantly outpacing LINK's own 2.5% gain during the same period. The board-approved strategy utilizes Caliber's existing capital reserves and fundraising capabilities to acquire LINK tokens, which power Chainlink's oracle network that bridges real-world data with blockchain applications. While the exact acquisition amount remains undisclosed, this initiative represents a major institutional endorsement of blockchain infrastructure. CEO Chris Loeffler stated: "This strategic move integrates our core competency in real estate capital management with transformative financial technology." The Chainlink integration is expected to automate critical processes including real estate valuation calculations and fund administration, positioning the firm at the forefront of institutional crypto adoption.