Blockchain Meets Wall Street as Chainlink Launches 24/5 Equity Feeds

Blockchain Meets Wall Street as Chainlink Launches 24/5 Equity Feeds

1 minute, 5 seconds Read

Chainlink said on Monday it has launched new data feeds that allow blockchain-based platforms to access U.S. stock and exchange-traded fund (ETF) prices nearly around the clock.

The new service, called 24/5 U.S. Equities Streams, provides pricing data during pre-market, regular trading hours, after-hours, and overnight sessions. Until now, most blockchain markets relied on limited stock data that only reflected standard U.S. trading hours.

Bringing U.S. Stocks On-Chain

The launch is aimed at expanding the use of real-world assets on blockchains. U.S. equities represent an estimated $80 trillion market, but have so far been difficult to integrate into decentralized finance systems that operate continuously.

Chainlink said the new feeds include more than just prices. They also deliver bid and ask levels, trading volume, market status indicators, and freshness signals, which help reduce risks during volatile or low-liquidity periods.

Use in DeFi and Tokenized Markets

The data streams are designed to support on-chain products such as stock-linked perpetual contracts, prediction markets, synthetic equities, lending platforms, and other tokenized asset products.

Several trading platforms have already begun using the feeds, including Lighter, BitMEX, ApeX, and Orderly Network, according to Chainlink.

Addressing a Market Gap

One challenge for blockchain-based equity products has been the mismatch between 24/7 crypto trading and limited stock market hours. During off-hours, outdated or incomplete price data

Read More

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *