Chainlink Collaborates With FTSE Russell to Publish Global Indices Onchain for the First Time via DataLink
Chainlink, the industry-standard oracle platform, and FTSE Russell, the world index supplier, as we speak introduced a brand new collaboration to convey FTSE Russell’s world-leading index knowledge onchain via DataLink—an institutional-grade knowledge publishing service powered by the Chainlink knowledge commonplace. FTSE Russell indices are globally adopted, with over $18 trillion in property beneath administration (AUM) benchmarked. FTSE Russell joins 2,000+ onchain purposes together with main banks, asset managers, and infrastructures throughout 60+ private and non-private blockchains in the Chainlink ecosystem, with many extra chains anticipated in the future.
For the first time, FTSE Russell is publishing its index knowledge onto blockchains. This knowledge will function a essential catalyst for the mainstream adoption of tokenized property by monetary establishments, bringing higher belief in onchain benchmarks and enabling establishments to construct new regulated monetary services and products.
“We’re excited to convey our index knowledge onchain utilizing Chainlink’s institutional-grade infrastructure. This marks a significant step in enabling innovation round tokenized property, ETFs, and next-generation monetary merchandise. DataLink permits FTSE Russell to securely distribute underlying knowledge of a few of our most trusted benchmarks throughout world onchain markets, giving establishments and builders the identical high-quality knowledge that powers conventional finance. ” – Fiona Bassett, CEO at FTSE Russell, an LSEG enterprise.
DataLink leverages Chainlink’s confirmed infrastructure to join knowledge suppliers and onchain protocols. As a turnkey service, DataLink empowers knowledge house owners to seamlessly publish knowledge to blockchains in a safe method and notice all the advantages of connecting to onchain markets with out requiring them to construct or keep new infrastructure. Chainlink has confirmed dependable infrastructure powering the majority of the onchain financial system for over half a decade, having enabled over $25 trillion in transaction worth whereas actively securing practically $100 billion in DeFi TVL.
“FTSE Russell bringing its trusted benchmarks to blockchains via Chainlink is a landmark second for the {industry}. This integration demonstrates how DataLink securely and reliably allows globally-leading benchmark suppliers to ship institutional-grade monetary knowledge straight into blockchain markets. We’re excited to work with FTSE Russell on this essential step towards enabling the subsequent technology of data-driven monetary merchandise and tokenized property.” — Sergey Nazarov, Chainlink Co-Founder.
With this integration, DataLink allows FTSE Russell’s world indices to change into accessible 24/7 onchain. Now DeFi protocols and builders can securely confirm, reference, and construct with this knowledge throughout a number of blockchains.
