Chainlink has unveiled the chainlink data stream for equity and exchange-finished funds listed in the United States.
Summary
- Chanlink on 4 August announced data stream for equity and exchange-traded funds.
- The data stream 37 is supported by blockchain and the growing property will be important for the industry.
Chanlink data for American equity and exchange-finished funds provides real-time market data in 37 blockchain targeted on pricing for stream-based products. Some traditional finance assets that will benefit from this launch token shares of S&P 500, Nasdaq, NVDia, Circle, Apple and Microsoft.
To announce by chainlink (link), many decentralized finance protocols have adopted data currents including GMX, Kamino and GMX-SAOLA.
Cases of use include leadership
Launching in blockchain and protocols allow developers to use real-time and reference-inconceivable data for US-list stocks and ETFs, users are able to benefit fats-sucking stock trading, borrowings, always fuches and synthetic ETFs.
“Token-aged-free, relative market data, especially on US equities for use for cases like lending on Solana.
The latest step of the channel in the RWA market comes amid growing traction for asset tokens.
Data of RWA.xyz suggests that the global token real-quarters are rapid in the last one year in the market, stabelin, government loans, personalized credits, and assets are coming online with instituteal options. To hit $ 30 trillion by 2030 with RWA market forecast, industry players see tokens as a major trend in global finance.
As soon as equity and ETF onchain arrive, chainlinks help to detect challenges such as pricing gaps such as pricing gaps and off-market hours of stale data period trade.