24/7 Market Data Service Launches, Chainlink Provides On-Chain Pricing for Traditional Assets

Odaily Reports: Chainlink has announced the launch of Chainlink 24/7, providing on-chain market data for traditional assets such as stocks and commodities, covering weekends and holidays. The service is delivered through Data Feeds and Data Streams, using 24/5 session data during market hours and aggregating quotes from multiple perpetual contract platforms after traditional markets close to form a continuous price reference.

Official launch partner Aave is using 24/7 Data Feeds for its institutional lending platform Horizon, providing round-the-clock pricing for tokenized RWA collateral, initially covering high-volume US equities. Chainlink states that 24/5 already provides delayed pricing for nearly half of all tokenized stocks, and supports projects including Ondo, xStocks, Robinhood, and Coinbase in pricing tokenized stocks worth over $1.6 billion across six chains.