Chainlink Teams Up With NYSE-Parent ICE to Bring Forex, Precious Metals Data On-Chain

Chainlink

Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, has joined forces with Chainlink to bring foreign exchange and precious metals pricing data to blockchain networks.

This collaboration integrates ICE’s Consolidated Feed, a comprehensive dataset sourced from over 300 exchanges and marketplaces worldwide, with Chainlink Data Streams. These data streams cater to over 2,000 on-chain applications, financial institutions, and infrastructure providers.

By leveraging ICE’s data, Chainlink aims to provide pricing feeds that meet the accuracy and latency standards of traditional capital markets. This level of reliability could facilitate the development of a new wave of tokenized assets, automated settlement systems, and other institutional-grade blockchain applications.

This initiative aligns with the ongoing trend of bridging blockchain technology with traditional financial instruments as major banks and asset managers tokenize real-world assets such as bonds, commodities, and funds.

Maurisa Baumann, ICE’s VP of Global Data Delivery, emphasized that the partnership with Chainlink offers “trusted, structured multi-asset class data” from conventional markets for crypto applications, marking a significant milestone in the expansion of the blockchain economy.

“Through this collaboration, we are witnessing a crucial shift towards a unified, globally accessible on-chain financial system, paving the way for the tokenization of hundreds of trillions in assets,” stated Fernando Vazquez, president of capital markets at Chainlink Labs.

Discover more: NYSE-Parent ICE to Explore New Products With Circle’s Stablecoin, Tokenized Fund