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Chainlink Launches CCIP Private Transactions, ANZ Bank Pilots New Feature

Chainlink has introduced CCIP Private Transactions, a new privacy-preserving feature that allows financial institutions to connect private blockchains to the multi-chain economy. The Australia and New Zealand Banking Group (ANZ) will be among the first to pilot the technology, using it for cross-chain settlement of tokenized real-world assets. This development addresses the challenges faced by institutions in meeting regulatory requirements while working with blockchain networks. The market response to Chainlink's announcement has been positive, with the LINK token experiencing a bullish trend. Technical indicators suggest that this trend may continue, with potential for further growth if the token breaks through the $12.50 resistance level.

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