🚨BREAKING: 6 of the world’s largest financial institutions join Pyth Network🚨
BREAKING: 6 of the world’s largest financial institutions join Pyth Network to distribute proprietary data onchain. Introducing the Pyth Data Marketplace 🏦
Euronext FX. Exchange Data International (EDI). Fidelity Investments. OTC Markets Group. SGX FX. Tradeweb.
A new distribution layer for institutional market data is now live.
For decades, proprietary market data has been distributed through closed vendor networks and terminals. The institutions generating price discovery had limited control over how their data reached the market.
That model changes today.
The Pyth Data Marketplace enables institutions to distribute proprietary datasets directly to a global network of applications and markets, while retaining full control over attribution, pricing, and access.
No repackaging. No unnecessary intermediaries. No loss of source integrity.
Just direct, programmable access to institutional data.
At launch, datasets span:
• Spot FX
• Precious metals
• Crude swaps
• OTC pricing
• Fixed income
• Corporate actions
• Reference data
Pyth is piloting the shift in how market data is distributed and consumed.
“Euronext FX’s data represents some of the highest-quality institutional pricing available across global currency and metals markets. Publishing this data through Pyth marks an important step toward a unified, transparent, and programmable market data standard for modern finance.” - Nicolas Jégou, CEO of Euronext FX
“At Tradeweb, we are seeing growing demand for more timely and accessible ETF data. By publishing our iNAVs to the Pyth Network, we are exploring how onchain infrastructure can extend the reach of high-quality, intraday valuations to a broader set of market participants. This complements existing distribution channels and reflects a shift toward more open, scalable and programmable access to market data.” - Michael Zaladonis, Global Head of Data Products and Analytics, Tradeweb
The world’s top institutions, closest to price formation, are expanding how their data reaches global markets. For firms operating in today’s always-on, multi-asset environment, the infrastructure layer is no longer optional.
Read more👉 https://www.pyth.network/blog/introducing-the-pyth-data-marketplace-major-financial-institutions-choose-pyth-for-direct-data-distribution
The Pyth Data Marketplace is now live: https://www.pyth.network/marketplace