Chainlink, a leading decentralized oracle network, has introduced a new service called Data Streams for US stocks and ETFs, significantly improving the tokenization of real assets.
Launch of Data Streams
Chainlink has launched a new service called Data Streams that provides high-frequency, low-latency market data for US stocks and ETFs. This is an important step towards achieving more accurate pricing for tokenized real-world assets.
Support for 37 Blockchains
The new capability from Chainlink is available across 37 different blockchains. This enables developers to easily integrate reliable pricing data for US stocks and ETFs, regardless of the network used.
Strengthening the Tokenized Asset Ecosystem
The introduction of data streams by Chainlink enhances trust in tokenized financial products, allowing traditional players and DeFi projects to more easily transition to digital markets. This service is expected to underpin new financial products.
The launch of Data Streams by Chainlink represents a significant step towards integrating traditional finance into blockchain, reinforcing the company's position in the rapidly evolving space of tokenized assets.
