Pyth Launches On-Chain Data Marketplace Pyth Data Marketplace

Odaily News Oracle service Pyth has officially announced the launch of its data marketplace, Pyth Data Marketplace, with support from six major financial institutions as data publishers. The newly participating institutions include Euronext, Exchange Data International, Fidelity Investments, OTC Markets Group, SGX's FX data business, and Tradeweb. These institutions previously distributed data primarily through traditional data vendors and proprietary terminals.

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