Deutsche Börse Market Data Services, a division of Deutsche Börse Group, one of Germany’s largest stock exchanges, has partnered with leading Oracle Platform ChainLink (Link) to bring multi-asset market data into the chain.
With this partnership, Deutsche Börse Market Data + Services will stream real-time multi-asset market data directly to the blockchain from leading European trading platforms Eurex, Xetra, 360T and Tradgage.
This means that by using ChainLink’s trusted Oracle infrastructure, Deutsche Börse can safely and easily expose your data without installing or managing new systems.
“As one of the world’s largest stock exchange operators, Deutsche Börse Market Data + Services provided 4 billion data points in real time every day, processing more than 1.3 trillion euros last year.
“Through DataLink, over 2,400 Defi protocols across more than 40 public and private blockchains in the ChainLink ecosystem access data from the Deutsche Börse Group, unlocking new opportunities for financial products and services with the same high quality data that underpins traditional finance.”
ChainLink recently partnered with Swift and UBS to allow financial institutions to manage digital assets directly from existing systems.
ChainLink is also affiliated with the US Department of Commerce. According to an August partnership announcement, the US Department of Commerce announced that macroeconomic data such as GDP, Personal Consumption Expense Index (PCE), and U.S. domestic demand strength will be fed to multiple blockchain networks via Oracle Providers Chainlink and Pyth.
*This is not investment advice.
