"Liz Martin, Vice President at Coinbase Markets, stated that the company adopted Datalink to publish Coinbase's exchange market data onchain for the first time, emphasizing Chainlink's data standard as the clear choice for integrating that data into onchain markets."
"Johann Eid, Chief Business Officer at Chainlink Labs, noted that the integration illustrates the necessity of a security-first approach at the data layer for serious financial infrastructure on blockchains, framing it as part of a broader build-out of programmable market infrastructure."
Coinbase's integration of Datalink with Chainlink enhances the reliability of onchain market data for institutional use. The available data includes order book data, spot prices, and various futures. This integration allows developers to create dependable onchain applications across derivatives and tokenized assets. Chainlink's role focuses on data delivery and reliability, enabling developers to build without managing infrastructure directly. The partnership reflects a growing convergence between institutional finance and decentralized finance, emphasizing a security-first approach at the data layer.
Read at news.bitcoin.com
Unable to calculate read time
Collection
[
|
...
]