SGX FX has integrated decentralised blockchain network, Chainlink, as part of an effort to expand its institutional OTC FX data to blockchain markets.
Hugh Whelan
The new offering makes use of Chainlink’s data publishing service, DataLink, to allow SGX FX to expand distribution of its data on-chain to more than 2,600 applications spanning in excess of 75 blockchains.
As part of the initial rollout, clients will be able to access spot and one-month forward rates spanning key G10, Asian and emerging market currency pairs.
“As markets continue to evolve, users are looking for greater flexibility in how and where they access trusted data,” said Hugh Whelan, head of liquidity management and data at SGX FX.
“Working with Chainlink allows us to support new workflows and use cases while staying aligned with the robust standards our participants expect.”
Read more – SIX brings equities data on-chain via Chainlink integration
In addition, the integration of SGX FX’s data on-chain is expected to streamline and boost institutional access to decentralised finance, and input established FX market data into tokenised assets, structured products and hedging workflows.
Fernando Vazquez, president of capital markets at Chainlink Labs, said: “We’re excited to see SGX FX adopt Chainlink to bring its institutional FX data on chain as it is a clear milestone in the convergence of on chain finance and the world’s largest markets. This is how our industry advances to the next level and powers the future of finance.”
Elsewhere, SGX FX announced plans to combine its global liquidity and buy-side client base with CME Group’s EBS Market and FX Spot+ platform in February 2026.
Specifically, the single, integrated workflow will be delivered via the BidFX and MaxxTrader platforms, and the move is aimed at meeting the growing demand for increasingly connected and interoperable execution.