Important points
- Tradeweb uses Chainlink to provide benchmark prices for U.S. government bonds on-chain.
- Financial institutions will be able to leverage high-quality Treasury data for tokenized financial products, risk management, and analytics.
Tradeweb, a leader in electronic marketplaces, has partnered with Chainlink to make Tradeweb FTSE US Treasury benchmark closing prices available on-chain through DataLink. This initiative increases the transparency and accessibility of the U.S. Treasury market by providing reliable, real-time benchmark prices to institutional investors.
Chris Bruner, chief product officer at Tradeweb, said the partnership with Chainlink is a pivotal move to integrate blockchain technology with traditional technologies. Funding and expansion Get 24-hour access to high-quality financial data.
“Tokenization is one of the fastest growing opportunities in the market today,” Bruner said. “By making Tradeweb FTSE US Treasury benchmark closing prices available on-chain, we aim to unlock them. new Enabling innovation opportunities and 24/7 access to the entire global financial ecosystem. ”
Tradeweb focuses on blending digital assets with established markets, developing an ecosystem where fixed income, equities, and derivatives coexist with blockchain-based products. The company partners with companies such as BlackRock, Securitize, Digital Asset, Goldman Sachs, and Canton Network. alpha ledger Expand digital asset trading and build infrastructure for tokenized securities and decentralized payment solutions.
“We are very excited about our collaboration as one of the world’s leading electronic marketplaces for institutional investors. Tradeweb itself that’s a strong signal Adoption of tokenized finance Sergey Nazarov, co-founder of Chainlink, said: institutional-Unlock grade market data on-chain, new Generation of tokenized funds and financial instruments. This collaboration brings one of the most trusted companies in global finance to blockchain. economy, driving Enable institutional adoption with the reliability, security, and compliance that only Chainlink can provide. ”
This partnership aims to leverage blockchain to modernize traditional financial markets. With technology, 24/7 access and release new Delivering innovation opportunities across the global financial ecosystem.
