FTSE Russell partners with Chainlink to publish stock indexes onchain

FTSE Russell and Chainlink Partner to Bring Market Data on Blockchain The global indexing giant FTSE Russell has joined forces with leading decentralized oracle network Chainlink to provide key stock market data on the blockchain. This groundbreaking partnership will unlock new levels of transparency and accessibility for cryptocurrency investors and the broader financial community.

By integrating FTSE Russell's flagship indexes, including the FTSE 100 and Russell 2000, onto public blockchain networks, this collaboration aims to expand access to reliable, tamper-resistant market information. Cryptocurrency traders and DeFi platforms will now be able to seamlessly integrate this institutional-grade data into their applications, empowering more informed investment decisions.

The move aligns with the growing demand for on-chain data sources to power the burgeoning decentralized finance (DeFi) ecosystem. As the cryptocurrency market matures, there is an increasing need for trusted, verifiable information to fuel smart contracts, price oracles, and other blockchain-based financial tools. By partnering with a respected index provider like FTSE Russell, Chainlink further solidifies its position as the leading decentralized oracle solution.

This development marks a significant milestone in the integration of traditional finance and the crypto space. It demonstrates the growing acceptance and adoption of blockchain technology by major financial institutions, paving the way for greater institutional participation in the digital asset market. Crypto investors can expect to see more use cases emerge as this partnership unlocks new opportunities for market data transparency and DeFi innovation.