Chainlink just dropped a new product called DataLink to bring the largest exchanges in Europe - Deutsche Börse Group’s Eurex, Xetra, 360T, and Tradegate onchain. So now equities, forex, and derivatives prices from Europe’s largest exchanges who settled €1.3 trillion in securities trading last year are now available on chain to be used in the next evolution of finance. If you start thinking more broadly, this essentially lays the foundation for the Nasdaq, NYSE, and TXSE to so the same thing the U.S. With a focus on bringing everything on chain and push from both the CFTC & SEC it shouldn’t be a surprise to see what comes next. Chainlink is literally brining the world onchain. Slowly, then all at once. $LINK
We’re excited to announce that Deutsche Börse Market Data + Services has formed a strategic partnership with Chainlink to publish its market data onchain for the first time. Real-time data from the largest exchanges in Europe, Deutsche Börse Group’s Eurex, Xetra, 360T, and Tradegate—trading venues covering equities, derivatives, forex instruments, and more—are being made available across blockchains via DataLink, a new institutional-grade data publishing service powered by Chainlink. Deutsche Börse Market Data + Services delivers four billion data points in real time every day and has handled more than €1.3 trillion in securities trading last year. With DataLink, Deutsche Börse Group is bringing real-time, multi-asset class data onchain from: • Eurex—Europe’s largest derivatives exchange, listing interest rate, equity/index, volatility, dividend, FX, and other futures and options. In 2024, Eurex recorded over 2.08 billion traded contracts in exchange-traded derivatives with a capital open interest of €3.6 trillion. • Xetra—Europe’s leading venue for ETFs and ETPs by turnover and listings, with around €230.8 billion in trading volume last year alone. • 360T—Deutsche Börse Group’s global foreign exchange unit operates one of the biggest FX trading venues in the world, predominantly used by some of the world’s largest corporations to hedge currency exposures. 360T serves more than 2,900 buy-side customers and more than 200 liquidity providers across 75 countries. • Tradegate—A stock exchange specialising in executing private investors’ orders. Over 30 trading participants from Germany, Austria, and Ireland are currently connected and offer access to their customers from their own country and abroad. Since January, Tradegate has recorded a turnover of €247.8 billion with over 34 million transactions. “Partnering with Chainlink to publish Deutsche Börse Group’s trusted market data onchain for the first time marks a major milestone in connecting traditional and blockchain-based financial markets. By making data from Xetra, Eurex, 360T, and Tradegate accessible onchain through the Chainlink data standard, we are empowering global financial institutions to build the next generation of regulated financial products on the same high-quality data that underpins today’s markets.” – Dr. Alireza Dorfard, Managing Director, Head of Market Data + Services at Deutsche Börse Group. By bringing Deutsche Börse Market Data + Services’ real-time data onchain, DataLink accelerates institutional adoption of digital assets by providing financial institutions access to the same high-quality data onchain they already rely on today to support their financial services.
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