Chainlink Connects Wall Street to Blockchain With Live US Equity and ETF Data

The Blockchain abstract layer continues to bridge the gap between traditional markets and DLT.

This last feature will bring the distinctive shares of the United States and investment funds circulating to Blockchain, making access to these assets easier and available around the clock.

Raising the distinctive symbol market

ChainLink, bridge between real world data and blockchain, subscriber Yesterday about a main product – data flows to the American stock market and the ETF market. Many Defi protocols are already exist, such as GMX, GMX Solana and Kamino.

Data flows have already been combined into the leading stocks in stocks and money traded on the stock exchange (ETFS), and provides actual time prices for traditional financing assets (Trafi), including CRCL, QQQ, NVDA, MSFT and many more, via 37 Blockchain networks.

Developers can now access the live and contextual data of these markets directly on the series, allowing the trading of distinctive stocks, permanent future contracts, and artificial investment fund qualifications, all supported by institutional accreditation. Progress also brings a list of new features, such as the implementation of the market hours, the discovery of good, and high frequency prices.

“Through the fast, reliable, reliable and context market data, symbolic financial products can now be launched for production related to American stocks and American federations directly on the series.

This represents a big leap for the distinctive markets, with a critical gap between traditional financing and Blockchain.

We are excited to cooperate with Kamino and GMX, two Defi teams to think forward whose work continues to accelerate Trafi and Defi. – Johan Eid, chief business official at Labs ChainLink.

The creation of a reliable exchange of these assets requires fast and highly pronounced market data. Circular markets operate around the clock throughout the week, while traditional markets do not, in addition to the accidental overlap, which represents a challenge to unconventional, decentralized applications (DAPPS). This can include price gaps, inaccuracy in data outside the market, and power outages.

How will you work

ChainLink data flows will collect inputs from raw data sources and multiple backup, thus enhancing operating time and reliability. Next, these collected data will be processed by decentralized network Oracle networks (Dons) and transports it through the chain via an organized scheme.

Each point point will be passed, allowing protocols to determine the differences between current and historical prices, stop automatically during working hours, and implement risk management in actual time.

This data scheme is designed for the advanced cost Defi, as it provides an organized pricing that helps in fine qualifiers, trade bonuses, strategic adjustments, and side evaluation. It will also be able to distinguish between the real world prices taken from traditional and open markets and symbolic stock prices available around the clock throughout the week. This can open the door for arbitration opportunities and risk management strategies.

Some cases of use of the products enabled by data flows are permanent, lending/borrowing, cellar protocols, brokerage platforms, and more.