TLDR
- FTSE Russell has partnered with Chainlink to deliver global financial indices directly onto blockchain networks for the first time.
- The collaboration uses Chainlink’s DataLink infrastructure to transmit institutional-grade index data securely to blockchain markets.
- FTSE Russell’s portfolio includes benchmarks tracking equities, fixed income, and other asset classes across international markets.
- The integration enables developers and institutions to access real-world financial data within decentralized applications.
- Fiona Bassett stated that this partnership marks a major step in enabling innovation around tokenized assets and ETFs.
FTSE Russell has partnered with Chainlink (LINK) to deliver global financial indices directly onto blockchain networks. The collaboration marks the first time the index provider brings its benchmarks onchain through DataLink. This integration enables developers and institutions to access real-world financial data within decentralized applications.
FTSE Russell Expands Blockchain Presence
FTSE Russell has announced its collaboration with Chainlink to transform the way financial data reaches blockchain networks. The leading index provider will utilize Chainlink’s oracle infrastructure to transmit benchmark data securely. This move enables FTSE Russell to expand its trusted indices beyond traditional financial platforms.
The partnership focuses on delivering institutional-grade data to blockchain markets and decentralized finance ecosystems. Chainlink’s oracle network will facilitate the secure transmission of index information from FTSE Russell’s portfolio. The portfolio includes benchmarks tracking equities, fixed income, and various asset classes across international markets.
Fiona Bassett serves as Chief Executive Officer at FTSE Russell and commented on the integration. “We’re excited to bring our index data onchain using Chainlink’s institutional-grade infrastructure,” Bassett stated. She emphasized that DataLink enables secure distribution of underlying data from trusted benchmarks across global onchain markets.
Chainlink Powers Index Data Integration
Chainlink co-founder Sergey Nazarov described the collaboration as a landmark moment for the blockchain industry. “FTSE Russell bringing its trusted benchmarks to blockchains via Chainlink is a landmark moment,” Nazarov said. He highlighted that DataLink securely enables benchmark providers to deliver institutional-grade financial data into blockchain markets.
The integration represents a critical step toward enabling next-generation financial products and tokenized assets. Developers can now build applications using reliable index data from FTSE Russell through Chainlink’s infrastructure. This access creates new possibilities for users within the blockchain ecosystem and decentralized finance space.
Bassett added that the partnership marks a significant step in enabling innovation around tokenized assets and ETFs. The integration gives institutions and developers access to high-quality data that traditionally powers conventional finance. FTSE Russell aims to support next-generation financial products through this blockchain initiative.
LINK Strengthens Traditional Finance Connections
Chainlink has established multiple partnerships with major traditional finance institutions beyond FTSE Russell. JP Morgan and State Street have collaborated with Chainlink to advance tokenized funds and custody solutions. UBS Group has also worked with Chainlink to automate processes for tokenized funds.
Ondo Finance leverages Chainlink’s oracles to provide financial institutions direct access to onchain capital markets. These integrations help streamline operations and reduce the need for intermediaries in financial transactions. Chainlink continues to solidify its position as the leading oracle network in the cryptocurrency space.
The US Department of Commerce has integrated Chainlink to publish macroeconomic data onchain. This government partnership brings data such as GDP and trade statistics onto blockchains including Ethereum and Solana. Chainlink collaborates with Pyth Network to securely distribute federal financial data across decentralized networks.
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