TL;DR
- Chainlink partnered with ICE, parent company of the NYSE, to integrate foreign exchange and precious metals data into the blockchain through Data Streams.
- The alliance adds the ICE Consolidated Feed, which provides prices from over 300 global markets, boosting the accuracy and speed of more than 2,000 on-chain applications and financial services.
- The addition of ICE enables the development of tokenized assets and automated settlements with standards equivalent to those in traditional capital markets.
Chainlink has formed a partnership with Intercontinental Exchange (ICE), parent company of the New York Stock Exchange, to bring foreign exchange and precious metals data to blockchain networks.
The integration uses the ICE Consolidated Feed, a service that aggregates prices from more than 300 exchanges and markets worldwide, and incorporates them into Chainlink Data Streams. This infrastructure already serves over 2,000 applications, banks, asset managers, and infrastructure providers, which will now be able to access market information with greater precision and lower latency.
Traditional Market Standards
The agreement brings ICE on board as one of the data providers Chainlink uses to generate its derived indexes. By adding this source, on-chain prices can meet standards similar to those required in traditional capital markets. This enables the creation of blockchain-based financial solutions capable of handling automated settlements and tokenized assets under institutional-grade reliability parameters.
ICE’s data covers a broad range of currency pairs and metals such as gold and silver, expanding the variety of products that can be developed on blockchain. With this integration, decentralized applications will be able to offer real-time quotes resistant to manipulation, which is essential for smart contracts that depend on accurate information to execute transactions.
ICE and Chainlink to Boost Asset Tokenization
Industry estimates suggest that the tokenized assets market could reach $30.1 trillion in the coming years. This includes bonds, commodities, and funds that are being replicated on blockchain to facilitate trading and settlement. Chainlink’s ability to deliver high-frequency data, combined with ICE’s global coverage, positions both companies to supply institutions seeking to participate in this trend with tools that match the operational quality of existing financial systems.
Fernando Vazquez, President of Capital Markets at Chainlink Labs, stated that the agreement enables the creation of a globally accessible on-chain financial system with the potential to tokenize hundreds of trillions in assets. Meanwhile, Maurisa Baumann, Vice President of Data Delivery Platforms at ICE, emphasized that the collaboration provides structured and reliable information for building robust digital markets.
Chainlink strengthens the link between blockchain and traditional markets, establishing a technical foundation that allows institutions and developers to implement next-generation solutions in digital assets and decentralized finance
