Summary
- DoubleZero, also known as 2Z, said it has launched DoubleZero Edge, a real-time data feed service aimed at investors.
- The service delivers raw Solana blockchain data through multicast over a private fiber-optic network, allowing investors to receive information that could affect token prices more quickly.
- CoinDesk said a speed difference measured in tens of milliseconds can give high-frequency trading firms a competitive edge, making the launch a sign of rising demand for Wall Street-style systems in digital-asset markets.
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DoubleZero, also known as 2Z, has launched a real-time data feed service aimed at investors.
CoinDesk reported on June 16 that the company unveiled its new data product, DoubleZero Edge. The initial service delivers raw data generated on the Solana blockchain in real time. Its core aim is to get investors information that could affect token prices faster.
DoubleZero Edge transmits data via multicast over a private fiber-optic network. Multicast sends data to multiple participants simultaneously and is typically used in traditional finance. CoinDesk said the launch aligns with a broader push by crypto trading firms to secure more stable and predictable infrastructure as competition intensifies and margins shrink.
DoubleZero says the service can reduce data delivery times by tens of milliseconds. Delivery times could fall further during periods of heavy network traffic, the company added. Even such small speed gains can translate into a competitive edge for high-frequency trading firms, CoinDesk reported, calling the launch a sign of rising demand for Wall Street-style systems in digital-asset markets.
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul
