The SEC has appointed a former legal executive from Chainlink to assist in shaping cryptocurrency regulations, while Grayscale is quietly amassing a significant position in $LINK. Lindman will leverage his extensive experience from one of the most utilized oracle networks in the blockchain sector to advise on digital asset policies.
Data from Arkham Intelligence indicates that despite Chainlink’s price being over 70% lower than its peak last year, Grayscale’s holdings of $LINK have surged past 5.25 million tokens as of February 2026.
The SEC recruits an ex-Chainlink attorney for crypto regulation
Prior to this role, Lindman was Deputy General Counsel at Chainlink Labs for five years. His background equips him with insights into both cryptocurrency firms and regulatory bodies, essential for crafting effective guidelines for digital currencies. His familiarity with Oracle Networks, smart contracts, and traditional finance positions him well to succeed Michael Selig at the Commodity Futures Trading Commission.
The formation of the SEC’s Crypto Task Force followed Gary Gensler’s departure as chairperson. Gensler advocated treating most crypto assets as securities and spearheaded enforcement actions against various crypto entities. The current focus of the SEC is now on establishing clear frameworks and fostering dialogue within the industry.
Hester Peirce, leading the task force, publicly welcomed Lindman and expressed optimism about achieving significant advancements in legislation concerning digital assets. The team has already initiated roundtable discussions with industry stakeholders while examining aspects like tokenization and decentralized finance.
Chainlink acknowledged Lindman’s contributions during his tenure and expressed eagerness to collaborate on modernizing America’s financial landscape. With an insider now positioned within U.S. regulatory circles, Chainlink is gaining traction among institutional investors who continue accumulating $LINK tokens.
Grayscale accumulates millions of $LINK amid investor confidence
According to Arkham Intelligence data, Grayscale continued purchasing $LINK throughout December into February 2026 despite prevailing market weakness; during this period alone, prices plummeted from approximately $15 down to around $7.20 per token yet Grayscale acquired nearly four million additional tokens—bringing their total holdings up to about 5.258 million (valued at over $43 million based on current prices).
$LINK spot ETFs have not recorded any net outflows thus far; daily inflows average below one million dollars but investors are holding firm rather than fleeing their positions—a stark contrast compared with other crypto ETFs where cash flows fluctuate dramatically based on short-term market conditions.
This resilience can be attributed largely due its support for smart contracts along with lending platforms and derivatives markets—it serves as vital infrastructure connecting blockchains with real-time pricing data along with external events crucially important within decentralized finance ecosystems.
This practical application continues expanding: since February 2026 there have been five-minute prediction markets available via Polymarket which recently achieved record trading volumes exceeding seven billion dollars within just one month period alone!
An increase in engagement across these markets means that Chainlink processes more transactions behind-the-scenes thereby enhancing its long-term value proposition—creating further incentives encouraging ongoing participation among users involved therein!
However challenges remain prevalent: currently facing substantial selling pressure alongside overall extreme fear dominating sentiment across broader cryptocurrency marketplace remains evident!
Talks suggest that it may take time before we see any upward movement; historically speaking prior cycles indicate it often takes upwards beyond a year establishing bear market lows—which could potentially repeat itself again here too!
A broader perspective reveals capital still exiting altcoins; experts predict when funds eventually return only projects demonstrating tangible real-world applications will experience notable growth trajectories ahead! This distinctive characteristic truly differentiates ChainLink—it actively engages delivering functional products serving actual marketplaces catering towards genuine user bases prompting large-scale investors continuing acquisition efforts even amidst lower price points encountered today!
This encapsulates everything succinctly: although struggles persist regarding current valuation levels institutions are casting votes through monetary investments signaling strong confidence backing future prospects surrounding chain link ultimately reflected by grayscale accumulation strategies affirming faith toward long term viability navigating complex realms associated cryptocurrencies! Concurrently receiving supportive regulatory backing thanks Taylor lindmans appointment sec solidifies foundation moving forward positively impacting entire ecosystem surrounding chain link operations altogether effectively positioning them favorably going forward!