Chainlink is collaborating with Intercontinental Exchange (ICE), the owner of the New York Stock Exchange, to integrate pricing data for foreign currencies and valuable metals into blockchain systems.
This alliance will incorporate ICE’s Consolidated Feed, a comprehensive dataset gathered from over 300 exchanges and markets globally, into Chainlink Data Streams. These streams currently support more than 2,000 on-chain applications, financial organizations, and essential infrastructure providers.
By integrating ICE’s data, Chainlink aims to provide pricing data feeds that fulfill the strict demands for precision and swiftness required by established financial markets. This enhanced standard has the potential to bolster innovative tokenized assets, automated transaction protocols, and other advanced blockchain applications tailored for institutional usage.
This action aligns with a wider industry movement connecting blockchain technology with conventional financial tools, as major financial institutions and investment firms are increasingly tokenizing tangible assets such as bonds, raw materials, and investment portfolios.
Maurisa Baumann, Vice President for Global Data Delivery at ICE, stated that the collaboration with Chainlink will provide “reliable, well-organized data across diverse asset types” from traditional markets for crypto applications, marking a crucial advancement in the expansion of the blockchain ecosystem.
“This alliance represents a significant step toward a cohesive, globally accessible financial network on the blockchain, positioning trillions of dollars in assets for tokenization,” noted Fernando Vazquez, President of Capital Markets at Chainlink Labs.
Further Reading: ICE
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