Pyth Introduces Pyth Data Marketplace

BlockBeats News, April 11th, Oracle service Pyth announced the official launch of the Pyth Data Marketplace and has received support from six major financial institutions as data providers. The newly joined institutions include Euronext, Exchange Data International, Fidelity Investments, OTC Markets Group, SGX's FX data business, and Tradeweb. Previously, these institutions mainly distributed data through traditional data vendors and proprietary terminals.

The Pyth Data Marketplace allows institutions to distribute various proprietary data, including macroeconomic indicators, over-the-counter (OTC) pricing, and foreign exchange benchmarks, while retaining ownership, pricing rights, and attribution rights to the data.