SIX has integrated with Chainlink, in a move which will allow equities data from SIX’s exchanges to be available on-chain via institutional-grade data publishing service DataLink for the first time ever.
Matthew Nurse
The new offering sees the data from equities on both the SIX Swiss Exchange and BME Exchange – which have a total value of more than €2 trillion – available to more that 2,600 applications within the Chainlink ecosystem, spanning over 75 public and private blockchains.
Specifically, by integrating, both SIX and Chainlink are looking to accelerate the availability of on-chain equities data, and unlock new use cases based on this data, such as tokenised indices, structured products, compliant decentralised finance (DeFi) applications, prediction markets and new trading primitives.
Matthew Nurse, head of market data at SIX, said: “Through this integration with Chainlink’s institutional-grade data publishing service, SIX delivers real-time, high-value market data while bringing flagship Swiss and Spanish blue-chip equities on-chain via Chainlink’s DataLink.
“This enables digital asset applications to access trusted market data through proven, secure infrastructure, fostering trust and innovation across global financial ecosystems.”
Read more – SIX taps Snowflake to streamline data delivery
Through the capabilities, clients are now able to access equities data at scale from the SIX Exchanges within standardised smart contract environments.
“Chainlink DataLink provides globally trusted data providers like SIX a secure, scalable path to commercialize high-quality market data on-chain while preserving the integrity, entitlements, and distribution controls required by regulated financial institutions,” said Fernando Vázquez, president, capital markets, Chainlink Labs.
“This is how the largest data providers and financial institutions in the world connect premium market data seamlessly to both public and private blockchains via Chainlink’s industry-standard infrastructure.”