Archax integrates Chainlink for Treasury token pricing as XRP and LINK slip
Archax announced plans to price its tokenized debt fund using Chainlink, while both LINK and XRP logged weekly price decreases.
Digital securities exchange and custodian Archax revealed on October 19, 2026, that it selected Chainlink Data Streams to price GOVY, a tokenized US Treasury instrument backed by short-dated bills held at Northern Trust. The integration is designed to support institutional borrowing and automated collateral monitoring across multiple blockchains.
The development follows previous work by Archax involving Ripple and the XRP Ledger. Following the announcement, XRP traded down 4.2% over the week at $1.29, while LINK fell 6.5% to approximately $12, leaving it 77.4% off its historic high.
Archax operates as a regulated digital brokerage and custodian under the UK FCA and maintains an exchange venue in Spain. The company does not publicly report metrics regarding the size of the GOVY offering or revenue terms tied to the oracle infrastructure agreement.
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