Deutsche Börse Market Knowledge Companies, a division of Deutsche Börse Group, considered one of Germany’s largest inventory exchanges, has partnered with main oracle platform Chainlink (LINK) to carry multi-asset market knowledge to the chain.
With this partnership, Deutsche Börse Market Knowledge + Companies now streams real-time, multi-asset market knowledge from Europe’s main buying and selling platforms Eurex, Xetra, 360T and Tradegate on to the blockchain.
Which means that through the use of Chainlink’s dependable oracle infrastructure, Deutsche Börse can securely and simply publish its knowledge on-chain with out putting in or managing new techniques.
“As one of many world’s largest inventory trade operators, Deutsche Börse Market Knowledge + Companies delivers 4 billion knowledge factors in actual time daily and processed over €1.3 trillion in securities trades final yr.
“By DataLink, over 2,400 DeFi protocols throughout 40+ private and non-private blockchains within the Chainlink ecosystem can entry knowledge from Deutsche Börse Group, unlocking new alternatives for monetary services powered by the identical high-quality knowledge that underpins conventional finance.”
Chainlink not too long ago partnered with SWIFT and UBS to permit monetary establishments to handle their digital belongings straight from their current techniques.
Chainlink has additionally partnered with the US Division of Commerce. Based on the partnership announcement in August, the US Division of Commerce introduced that macroeconomic knowledge corresponding to GDP, Private Consumption Expenditure Index (PCE), and US Home Demand Power will probably be fed to a number of blockchain networks by way of oracle suppliers Chainlink and Pyth.
*This isn’t funding recommendation.
