ChainLink
It works with Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, to provide forex and precious metal price data to the blockchain network.
The partnership adds a consolidated feed of ICE, a data set sourced from over 300 exchanges and markets around the world, and chain links data streams that provide over 2,000 on-chain applications, financial institutions and infrastructure providers.
By incorporating Ice’s data, ChainLink aims to provide a pricing feed that meets traditional capital market accuracy and incubation period requirements. This standard will help support new generations of tokenized assets, automated payment systems, and other facility-grade blockchain applications.
This move fits the broader trend of connecting blockchain rails with traditional financial products as large banks, with asset managers tokenizing real-world assets (RWAs) such as bonds, commodities, and funds.
Maurisa Baumann, vice president of global data delivery at ICE, said in a statement that the collaboration with ChainLink is providing “trusted, structured multi-asset class data” from the traditional market for Crypto applications, a key step towards growing the blockchain economy.
“This collaboration marks a pivotal shift towards a unified, globally accessible on-chain financial system, with hundreds of trillion assets on a clear path to tokenization,” said Fernando Vazquez, president of Capital Markets at Chainlink Lab.
Read more: Circle’s Stablecoin explores new products with Tokenized Fund NYSE-Parent Ice
