Chainlink is making significant strides in enhancing the accessibility of US equities and ETF data for crypto platforms. The introduction of 245 new data streams marks a pivotal upgrade that addresses a critical limitation in on-chain trading of real-world assets. The source reports that this development could lead to increased adoption of blockchain technology in traditional finance.
Introduction of New Data Streams
The newly launched data streams will enable decentralized protocols to access reliable stock pricing even outside standard US market hours. This development is expected to facilitate continuous trading and improve the overall efficiency of on-chain transactions involving real-world assets.
Enhancing Trading Capabilities
By providing high-quality market data five days a week, Chainlink aims to eliminate the reliance on outdated prices that developers previously faced. This upgrade not only enhances trading capabilities but also opens up new opportunities for innovation within the crypto space, allowing for more dynamic and responsive trading strategies.
Recently, The Midnight Foundation announced a partnership with AlphaTON Capital to integrate a zero-knowledge blockchain into the TON ecosystem, enhancing user privacy and security. This development contrasts with Chainlink's focus on improving access to US equities and ETF data. For more details, see read more.
