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Pyth Network officially launched its Data Marketplace and added six major financial institutions as new data publishers: Euronext FX, Exchange Data International, Fidelity Investments, OTC Markets Group, SGX FX, and Tradeweb. The product could mark a turning point in how institutional market data is distributed.
These institutions, which historically routed their data through traditional vendor networks and proprietary terminals, will distribute datasets through onchain infrastructure for the first time. The Data Marketplace covers FX spot, precious metals, crude oil swaps, and reference data on equities, ETFs, fixed income, and derivatives.
The Data Marketplace enables any institution to distribute its own datasets—ranging from economic indicators to OTC prices and currency benchmarks—through Pyth’s global infrastructure. Pyth’s network reaches more than 100 blockchains and 700 applications.
Institutions retain control over their data, including attribution and access conditions.
Mike Cahill, CEO of Douro Labs, said: “Our 24/7 global economy needs more than a price layer. It needs a comprehensive, accessible, and transparent data layer.”
Since its founding, Pyth has accumulated more than 120 data-publishing institutions, 3,000 active price feeds, and over three trillion dollars in secured trading volume.
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