Chainlink's deal with Infosys covers 1.7B bank accounts but LINK token drops 4% amid unclear benefits.

Chainlink announced a partnership with Infosys, whose banking software supports 1.7 billion customer accounts. Despite the impressive figure, LINK token fell 4.4% because the deal lacks details such as which banks will use Chainlink's services, timelines, and fee structures. Infosys plans to standardize six Chainlink products, but no immediate financial benefits or payment commitments for LINK holders were disclosed. The partnership mainly benefits Chainlink Labs by providing access to banking IT budgets, but LINK's price will likely only rise if banks start paying for services in LINK or announce production use.

Infosys Limited (INFY) shares are trading at USD 10.71 on Pluang, down 0.37% as of Sep 24, 2026 20:12 WIB. The stock remains near its 52-week low of USD 10.49, reflecting cautious market sentiment despite the partnership news. INFY's market cap stands at $43.20 billion with a dividend yield of 4.87%.