Pyth Network Launches On-Chain Financial Data Marketplace With Fidelity, Euronext

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Uk Jin

Summary

  • Data oracle protocol Pyth Network (PYTH) has begun offering an on-chain data service with financial institutions.
  • Pyth Network launched the Pyth Data Marketplace and started providing on-chain data from six global financial institutions, including Fidelity, Euronext and Tradeweb.
  • Pyth said it provides a range of financial data directly on blockchain networks without intermediaries, including foreign exchange (FX), commodities, over-the-counter (OTC) prices, bonds and corporate disclosures, allowing the data to be used across various applications and blockchains.

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Photo: CoinMarketCap
Photo: CoinMarketCap

Pyth Network, a data oracle protocol, has begun offering an on-chain financial data service with financial institutions.

SpazioCrypto reported on July 11 that Pyth launched the Pyth Data Marketplace on July 9 and started providing on-chain data from six global financial institutions, including Fidelity, Euronext and Tradeweb.

Through the platform, Pyth provides financial data directly on blockchain networks without intermediaries, including foreign exchange, commodities, over-the-counter prices, bonds and corporate disclosures.

That allows applications and blockchains to use the data without relying on traditional data vendors.

Uk Jin

Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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