Key Takeaways
Chainlink companions with Intercontinental Change to ship FX and treasured metals pricing information onchain.
The collaboration allows over 2,000 functions to entry institutional-grade market information through Chainlink Knowledge Streams.
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Chainlink, one of many prime oracle networks for on-chain real-world information, has partnered with Intercontinental Change (ICE), which runs the New York Inventory Change (NYSE), to combine ICE’s Consolidated Feed into Chainlink Knowledge Streams, the businesses mentioned Monday.
ICE’s feed pulls market-leading pricing from greater than 600 sources and 300 world venues, delivering multi-asset protection throughout equities, fastened earnings, FX, commodities, and extra.
The collaboration will make safe, real-time FX and treasured metals information obtainable to over 2,000 Chainlink-powered functions, banks, asset managers, and infrastructure suppliers, enhancing the reliability of DeFi markets.
“With content material from over 300 world exchanges and marketplaces, the ICE Consolidated Feed affords trusted, structured multi-asset class information to banks, asset managers, and ISVs situated around the globe,” mentioned Maurisa Baumann, VP, World Knowledge Supply Platforms at ICE. “We’re completely happy to work with Chainlink to securely and reliably present information for on-chain markets, which is a crucial step in rising the worldwide blockchain financial system.”
The businesses view the mixing as a key step towards mass tokenization of real-world belongings, with the market projected to succeed in $30.1 trillion. Chainlink known as the transfer a “watershed second” towards constructing a unified, globally accessible on-chain monetary system that would finally embody lots of of trillions of {dollars} in belongings.
“Utilizing ICE’s Consolidated Feed information as an enter into Chainlink’s derived FX and treasured metals charges on-chain through Chainlink’s institutional-grade infrastructure is a watershed second within the evolution of worldwide markets,” mentioned Fernando Vazquez, President, Capital Markets at Chainlink Labs.
Chainlink Knowledge Streams ship high-speed, high-frequency market information off-chain, enabling dApps to confirm it immediately on-chain. In contrast to push-based oracles that refresh at fastened occasions, this pull-based mannequin lets functions fetch and validate information immediately, typically in lower than a second. The result’s safe, real-time pricing for latency-sensitive merchandise equivalent to perpetual futures and tokenized monetary devices.
Main tasks which have adopted Chainlink Knowledge Streams embody Base, Avalanche, and Optimism, amongst others.
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