business / news / / Cointelegraph
Pyth Network, a blockchain data oracle provider, is launching a platform for financial institutions to publish and monetize their market data.
Pyth Network is launching a Data Marketplace for institutions to monetize market data on blockchains.
KEY POINTS
- Seven major institutions, including Euronext and Fidelity, will publish price feeds at launch.
- Pyth's platform lets customers pay for specific data on demand, reducing costs versus traditional models.
- The US Department of Commerce selected Pyth to publish quarterly GDP data onchain starting August 2025.
- Pyth plans to expand its offerings to include additional government economic datasets in the future.
COMPANIES
Summarized by Newsio from Cointelegraph. How we summarize →