Swiss Exchange SIX Chooses Chainlink as Institutional Data Standard
Excited about the continued rollout of top institutional data on-chain via Chainlink; @sixgroup, the exchange of Switzerland has adopted @chainlink as the data standard it is using to get critical market data on-chain: https://t.co/GpQP6dnYnJ. Chainlink is the global leader powering DeFi and TradFi RWAs, with this data helping increase institutional demand for both. This is now starting to be driven by TradFi users wanting their existing data sources on-chain as they move more capital into institutional grade RWAs, which require market data to function in similar ways to how DeFi couldn't operate without a reliable data layer like Chainlink. Below are just some more examples of top institutional grade data providers choosing to put their data on-chain via Chainlink as the leading data standard powering over 70% of DeFi globally, with it now becoming the data standard that their institutional users will be asking for in order to consider an RWA as reliable enough to put institutional capital into. Also, being able to easily access key market data from CRE workflows should accelerate your speed of building a tokenized fund, tokenized equity, on-chain vault and many other on-chain financial products. If Chainlink is the place you can receive all your needed market data, reference data and identity data on-chain, that is just the first initial level of Chainlink integration for your RWAs. If you are then choosing to build your entire on-chain financial product via CRE because it can help you reliably create key conditional statements around the use of that data, with privacy and off-chain level compute scalability, that is a whole new level of Chainlink integration. The type of data listed below opens the door for DeFi, Prediction Markets, RWAs and many new categories of on-chain smart contracts to adopt Chainlink, but then once the full capabilities of reliable on-chain data are combined with CCIP cross-chain and CRE chain abstraction, that becomes a whole different level of orchestration, reliability and privacy. S&P: https://t.co/6udBRjSzTU FTSE Russell: https://t.co/gCpz6Eu99v Tradeweb: https://t.co/d18kWaCifK Deutsche Börse Group: https://t.co/KANxCI6uIF Intercontinental Exchange: https://t.co/QWS7ETO9Kd Coinbase: https://t.co/FS2MLqy4VB Among many others....
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SmartCon 2024: Top DeFi and TradFi Speakers Announced
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