Chainlink Partners with ICE to Integrate Forex and Precious Metals Data
Chainlink (LINK) partnered with Intercontinental Exchange (ICE) to provide foreign exchange and precious metals pricing data for blockchain networks. Key points include:
- Integration of ICE’s Consolidated Feed, sourced from over 300 exchanges, into Chainlink Data Streams.
- Enhancement of pricing feeds to meet traditional capital markets' accuracy and latency standards.
- Support for tokenized assets and automated settlement systems in institutional blockchain applications.
- Alignment with the trend of connecting blockchain technology with real-world asset tokenization by large financial institutions.
- Statement by Maurisa Baumann highlights the significance of providing structured market data for crypto applications.
- Fernando Vazquez emphasized the shift towards a unified on-chain financial system, facilitating asset tokenization.