Following the US Department of Commerce, the German Stock Exchange Giant Announced a Partnership with Surprise Altcoin!

Deutsche Börse Market Data Services, a division of Deutsche Börse Group, one of Germany’s largest stock exchanges, has partnered with leading oracle platform Chainlink (LINK) to bring multi-asset market data to the chain.

With this partnership, Deutsche Börse Market Data + Services now streams real-time, multi-asset market data from Europe’s leading trading platforms Eurex, Xetra, 360T and Tradegate directly to the blockchain.

This means that by using Chainlink’s reliable oracle infrastructure, Deutsche Börse can securely and easily publish its data on-chain without installing or managing new systems.

“As one of the world’s largest stock exchange operators, Deutsche Börse Market Data + Services delivers four billion data points in real time every day and processed over €1.3 trillion in securities trades last year.

“Through DataLink, over 2,400 DeFi protocols across 40+ public and private blockchains in the Chainlink ecosystem can access data from Deutsche Börse Group, unlocking new opportunities for financial products and services powered by the same high-quality data that underpins traditional finance.”

Chainlink recently partnered with SWIFT and UBS to allow financial institutions to manage their digital assets directly from their existing systems.

Chainlink has also partnered with the US Department of Commerce. According to the partnership announcement in August, the US Department of Commerce announced that macroeconomic data such as GDP, Personal Consumption Expenditure Index (PCE), and US Domestic Demand Strength will be fed to multiple blockchain networks via oracle providers Chainlink and Pyth.

*This is not investment advice.