Summary
- Chainlink (LINK) said it will provide the S&P Digital Market 50 Index with real-time price data.
- It said the index is a composite index that tracks the prices of 35 U.S.-listed blockchain-related companies and 15 major digital assets.
- It said this collaboration connects traditional finance and the crypto market, and that investors will be able to evaluate the performance of the blockchain industry as a whole with a single indicator.
Chainlink (LINK) provides real-time price data to the S&P Digital Market 50 Index.
On the 5th (local time), crypto (cryptocurrency) media The Block reported that the newly developed S&P Digital Market 50 Index by tokenized stock platform Dinari is a composite index that tracks the prices of 35 U.S.-listed blockchain-related companies and 15 major digital assets.
Chainlink will provide the index with real-time on-chain price feeds using oracle technology, and plans to enhance the index's accuracy and transparency.
Dinari said, "This collaboration is an important milestone connecting traditional finance (Finance) and the crypto market," and added, "Investors will be able to evaluate the performance of the blockchain industry as a whole with a single indicator."
The S&P Digital Market 50 Index is scheduled to be officially launched in the fourth quarter of this year.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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