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πŸ’Ž DeFi🟒 BullishImportance 7/10

Chainlink Brings the $80 Trillion U.S. Stock Market Onchain With 24/5 Equities Data

Chainlink Blog|Chainlink||1 views
πŸ€–AI Summary

Chainlink has launched 24/5 U.S. Equities Streams, providing continuous, sub-second pricing data for major U.S. stocks and ETFs directly onchain. This development brings the $80 trillion U.S. stock market infrastructure to blockchain networks, enabling real-time equity data access for decentralized applications.

Key Takeaways
  • β†’Chainlink introduces 24/5 U.S. Equities Streams offering continuous sub-second pricing data for major U.S. stocks and ETFs onchain.
  • β†’The service connects the $80 trillion U.S. stock market to blockchain infrastructure through Chainlink's oracle network.
  • β†’This enables decentralized applications to access real-time equity market data without relying on traditional financial data providers.
  • β†’The 24/5 coverage extends beyond traditional market hours, providing continuous data streams.
  • β†’This infrastructure could facilitate the development of tokenized securities and DeFi products based on traditional equity markets.
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