Here’s why @chainlink’s new collaboration with @ICE_Markets matters It integrates FX and precious metals rates from ICE Consolidated Feed into Chainlink Data Streams so these rates can be distributed onchain This provides over 2K apps, banks and asset managers access to tamper-resistant market data Chainlink’s ecosystem can also leverage ICE’s data to create innovative tokenized assets and financial products With ICE’s data accessible across 300 global exchanges and marketplaces, it brings developers and institutions on Chainlink a new source of multi-asset class data By incorporating ICE’s feed, Chainlink can support DeFi protocols with institutional-grade data and facilitate onchain activity like tokenized RWAs and automated settlements
Read the official announcement below 👇
We’re excited to announce that Intercontinental Exchange (@ICE_Markets) and Chainlink are collaborating to allow Chainlink to now bring high-quality derived forex and precious metals data onchain. ICE is a global financial powerhouse that operates markets, clearing houses, and data services critical to the functioning of the world's economy, such as the New York Stock Exchange. Its FX rates and precious metals prices are relied on by world-leading banks, asset managers, and other institutions. The use of ICE’s Consolidated Feed data further enhances Chainlink’s data standard, delivering an onchain experience that meets the rigorous requirements of traditional capital markets and unlocks a new class of institutional-grade applications. ICE VP, Global Data Delivery Platforms, Maurisa Baumann on the collaboration: “With content from over 300 global exchanges and marketplaces, the ICE Consolidated Feed offers trusted, structured multi-asset class data to banks, asset managers and ISVs located around the world. We’re happy to work with Chainlink to securely and reliably provide data for onchain markets, which is an important step in growing the global blockchain economy.” This collaboration marks a new milestone on the pathway towards the mainstream adoption of onchain finance. With demand for tokenized real-world assets expected to reach $30.1 trillion, forward-looking institutions have the opportunity to establish leadership in the digital asset space and power the rapidly growing blockchain ecosystem. ICE serves as one of multiple high-quality data providers supporting Chainlink Data Streams, supplying established institutions and Web3 innovators with access to tamper-resistant data—paving the way towards the mainstream adoption of onchain finance.
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