Galaxy's market data will be distributed directly to applications running across various blockchains
Chainlink makes application programming interfaces (APIs) easily compatible, accessible, and monetizable within any blockchain. By collaborating with Chainlink, Galaxy's crypto pricing data will be distributed directly to applications running across various blockchains, such as those operating in the decentralized finance (DeFi) space. Galaxy's data consists of spot crypto prices including bitcoin, ether, and other cryptocurrencies in various currency pairs, including dollars.
"Our extensive market data, which will be available through Chainlink's blockchain-agnostic architecture, will be an important tool in enabling smart contract developers to build advanced blockchain applications," said
This work with Chainlink is a continuation of Galaxy's ongoing mission to support builders and creators within the crypto economy. Blockchain innovations continue to grow in popularity, with segments such as DeFi more than tripling in total value since 2020.
"High-quality market data underpins the DeFi economy," said Yaser Jazouane, Head of Data Products at
For a glossary of crypto terms, please visit www.galaxy.com/glossary.
Galaxy (TSX: GLXY) is a digital asset and blockchain leader providing institutions, startups, and qualified individuals access to the crypto economy. Our full suite of financial services is custom-made for a digitally native ecosystem, spanning multiple synergistic business lines: Trading, Asset Management, Investment Banking, Mining, and Ventures.
Galaxy's CEO and Founder
Additional information about Galaxy's businesses and products is available on www.galaxy.com
Chainlink is the industry standard for building, accessing, and selling oracle services needed to power hybrid smart contracts on any blockchain. Chainlink oracle networks provide smart contracts with a way to reliably connect to any external API and leverage secure off-chain computations for enabling feature-rich applications. Chainlink currently secures tens of billions of dollars across DeFi, insurance, gaming, and other major industries, and offers global enterprises and leading data providers a universal gateway to all blockchains.
Learn more about Chainlink by visiting chain.link or reading the developer documentation at docs.chain.link. To discuss an integration, reach out to an expert.
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