Chainlink Makes use of ICE Market Knowledge for On-Chain Foreign money and Treasured Metals Quotes

The Chainlink oracle platform will make the most of knowledge from Intercontinental Alternate (ICE) to offer foreign money and valuable metals quotes on blockchain providers.

Chainlink Uses ICE Market Data for On-Chain Currency and Precious Metals Quotes

Chainlink, a number one blockchain oracle supplier, introduced a collaboration with Intercontinental Alternate (ICE), a Fortune 500 community of exchanges and clearing homes for monetary and commodity markets within the U.S., Canada, and Europe. As a part of the initiative, high-precision foreign money and valuable metals quotes from the ICE Consolidated Feed will probably be used to generate on-chain quotes inside the Chainlink service.

This partnership will combine knowledge protecting over 150 foreign money pairs and key valuable metals, together with gold, silver, platinum, and palladium, into Chainlink Knowledge Streams. ICE data, aggregated from greater than 300 world exchanges and buying and selling venues, will probably be made out there to all contributors within the Chainlink ecosystem. ICE knowledge will function a major supply for aggregated metrics utilized by DeFi protocols.

Maurisa Baumann, VP for International Knowledge Supply Platforms at ICE, famous that the ICE Consolidated Feed supplies structured multi-currency knowledge in demand by main monetary establishments worldwide. Fernando Vázquez, President of Banking and Capital Markets at Chainlink Labs, emphasised that the combination strengthens the institutional normal of information provision and aligns with conventional capital market necessities, laying the groundwork for issuing a brand new technology of tokenized merchandise. Vázquez additionally identified that integrating Chainlink’s infrastructure with ICE market knowledge provides institutional gamers entry to safe, high-quality, close to real-time knowledge.

Analysts mission the tokenized RWA market might attain $30.1 trillion by 2030. In the meantime, Chainlink is actively addressing cross-chain settlement effectivity for tokenized belongings and launching complete options to automate regulatory compliance throughout issuance and circulation of tokenized belongings.

Сообщение Chainlink Makes use of ICE Market Knowledge for On-Chain Foreign money and Treasured Metals Quotes появились сначала на CoinsPaid Media.

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