09.28.2022

Galaxy and Chainlink Bring Market Data to Blockchains

09.28.2022
Galaxy and Chainlink Bring Market Data to Blockchains

Galaxy Digital Holdings Ltd, a financial services and investment management innovator in the digital asset, cryptocurrency, and blockchain technology sectors, announced that it is providing crypto pricing data to blockchains through Chainlink’s industry-leading oracle network.

Chainlink makes application programming interfaces (APIs) easily compatible, accessible, and monetizable within any blockchain. By collaborating with Chainlink, Galaxy’s crypto pricing data will be distributed directly to applications running across various blockchains, such as those operating in the decentralized finance (DeFi) space. Galaxy’s data consists of spot crypto prices including bitcoin, ether, and other cryptocurrencies in various currency pairs, including dollars.

“Our extensive market data, which will be available through Chainlink’s blockchain-agnostic architecture, will be an important tool in enabling smart contract developers to build advanced blockchain applications,” said Zane Glauber, Head of Strategic Opportunities at Galaxy. “We’re excited to integrate with Chainlink as part of our broader efforts to build a deep, diverse crypto ecosystem.”

This work with Chainlink is a continuation of Galaxy’s ongoing mission to support builders and creators within the crypto economy. Blockchain innovations continue to grow in popularity, with segments such as DeFi more than tripling in total value since 2020.

“High-quality market data underpins the DeFi economy,” said Yaser Jazouane, Head of Data Products at Chainlink Labs. “By providing high-quality pricing data to blockchains through the Chainlink Network, Galaxy is playing a valuable role in unlocking exciting new use cases and driving innovation across the DeFi ecosystem.”

Source: Galaxy Digital

🏆 The 2026 Global Markets Choice Awards are here! 🌍 Nominations are officially OPEN for the celebration of excellence in global capital markets trading & technology. Nominate below:
https://www.jotform.com/form/260086385121150

Delaware Life Insurance Company is becoming the first insurance carrier to offer an index that contains cryptocurrency, adding the BlackRock U.S. Equity Bitcoin Balanced Risk 12% Index to its fixed index annuity (FIA) portfolio.

As the digital assets industry pushes toward

Franklin Templeton is expanding its tokenized fund suite, signaling growing institutional demand for blockchain-based fund infrastructure and regulated investment products moving onchain. Read the full article below:

$50 billion in active ETF inflows helped fuel a record year for @BlackRock 's iShares business, as investors continue to lean into active strategies.

Load More

Related articles

  1. Income Equity Fund IPOs

    SpaceX IPO is expected to be a catalyst for the market.

  2. This is a step forward in institutional adoption of tokenized funds in global real estate.

  3. The SEC approval shows blockchain technology and traditional capital markets continue to converge.

  4. BNY aims to offer onchain access to its investment strategies in the UK and Europe.

  5. This is the first step in a long-term collaboration to advance institutional-grade tokenization capabilities.