Deutsche Börse, a prominent German company known for operating stock exchanges and providing financial market infrastructure, has recently entered into a partnership with Chainlink. Chainlink, a leading platform in the blockchain space, specializes in connecting real-world data with blockchain networks.
The main objective of this collaboration is to enable the availability of Deutsche Börse’s financial market data on various blockchain platforms for the very first time. This data originates from their well-known trading platforms such as Eurex, Xetra, 360T, and Tradegate, covering a wide range of information on stocks, derivatives, and foreign exchange instruments.
The dissemination of this data on the blockchain will be facilitated through a service called DataLink, which is powered by Chainlink. DataLink is specifically designed for institutions, allowing them to efficiently publish their data on blockchain networks without the need to develop their own technical infrastructure.
Deutsche Börse, being one of the largest exchange organizations globally, aims to make its valuable data accessible to a wide array of DeFi applications across more than 40 different blockchain networks within the Chainlink ecosystem.
Image: Freepik