Chainlink has announced the launch of 245 equity data streams, significantly enhancing the availability of on-chain financial products linked to US equities. The source reports that this development is set to revolutionize the way developers create and implement various financial solutions in the blockchain space.
New Data Streams for Diverse Use Cases
The new data streams will support a variety of use cases, including:
- equity perpetuals
- prediction markets
- synthetic equities
- lending markets
Each of these products requires accurate and consistent data to operate effectively, ensuring that users can engage in trading and investment activities with confidence.
Leveraging Chainlink's Data Infrastructure
By leveraging Chainlink's robust data infrastructure, developers can now build innovative financial applications that maintain high standards of data integrity. This advancement not only broadens the scope of on-chain financial products but also fosters a more secure and reliable environment for users in the rapidly evolving crypto market.
In a significant development for the financial sector, Bitget has launched its new TradFi platform, bridging traditional finance and cryptocurrency trading. This follows Chainlink's recent enhancement of on-chain financial products. For more details, see read more.
