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Chainlink Bridges Crypto and Traditional Finance with Data Streams

Chainlink Bridges Crypto and Traditional Finance with Data Streams

Global Cryptocurrency
Release Time:
2025-08-05 08:23:02
0
BTCCSquare news:

Chainlink's Data Streams marks a watershed moment for decentralized finance, delivering real-time U.S. stock market data—including SPY, QQQ, and NVDA—directly to blockchain networks. The oracle solution, now live across 37 chains, provides OHLC values, trading volumes, and critical metadata, enabling smart contracts to interact seamlessly with traditional markets.

DeFi protocols like GMX are already leveraging these feeds to create asset-backed financial products. This innovation dismantles a key barrier to real-world asset tokenization: the absence of reliable on-chain data. "These streams unlock advanced applications using secure, institutional-grade market data," chainlink stated in the announcement.

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