Deutsche Börse Group announced on Wednesday that its Market + Services Services Department has made a partnership with Chainlink to make the regulation market data available on Blockchain networks for the first time, indicating what the company calls a big step in bridging traditional and digital financing.
Cooperation is said to be able to publish 41 databases in the actual time chosen from trading places in Deutsche Porsus, including XTra, Eurex, 360T and Tradegate.
It covers a group of assets categories such as stocks, derivatives and foreign expression, the information will now be available for more than 2,400 Blockchain apps via the Chainlink Datalink service.
By providing reliable and high -quality data, the initiative is expected to support financial institutions and developers in building digital financial products organized on the same information used in traditional markets.
“The partnership with Chainlink to publish its reliable market data to the Deutsche Börse Group group for the first time represents a major milestone in linking traditional financial markets and blocchain -based blocs.
“By making our data from XETra, Eurex, 360T and Tradegate can be accessed through the ChainLink data standard, we enable global financial institutions to build the next generation of financial products organized on the same high -quality data that supports today’s markets.”
This step is part of the broader digital asset strategy in Deutsche Börse, which merges trading, settlement and custody through its business, including 360t, Crypto Finance, Clearstream and DBAG, and provides organized solutions to institutional customers and indigenous companies.