Chainlink Secures Key Partnerships with S&P and FTSE Russell for Onchain Data

Chainlink Secures Key Partnerships with S&P and FTSE Russell for Onchain Data

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Chainlink announced new collaborations with Dinari, S&P, and FTSE Russell to bring crypto stock indices and broader market data onchain. These partnerships aim to expand Chainlink's data oracle services by integrating traditional financial market data into the blockchain ecosystem.

Chainlink Expands Onchain Data Offerings

Chainlink revealed a series of significant partnerships on Monday, aiming to bolster its position as a leading decentralized oracle network. The company announced a collaboration with Dinari to bring the S&P crypto stock index onchain. This move is designed to make crucial financial benchmarks accessible within the blockchain environment.

Furthermore, Chainlink also confirmed a partnership with FTSE Russell. This collaboration will see FTSE Russell's indices and market data integrated onchain, providing developers and decentralized applications with a richer and more diverse set of real-world data feeds. These strategic alliances underscore Chainlink's ongoing efforts to bridge traditional finance with the burgeoning world of decentralized finance, enhancing transparency and utility across both sectors.