Intercontinental Exchange (ICE), parent company of the New York Stock Exchange, has formed a strategic partnership with blockchain oracle provider Chainlink. The collaboration will see ICE's Consolidated Feed data for foreign exchange and precious markets integrated into Chainlink Data Streams, marking a significant bridge between traditional finance and blockchain infrastructure.
The integration provides access to aggregated pricing data from over 300 global exchanges through ICE's feed. Chainlink's network, which currently supports more than 2,000 decentralized applications, will utilize this institutional-grade data to improve accuracy for DeFi platforms and financial institutions operating in tokenized environments. ——This represents a critical step in blockchain's institutional adoption—— according to Chainlink Labs' capital markets president Fernando Vazquez.
ICE's vice president Maurisa Baumann emphasized the partnership ensures "the same level of reliability and transparency" found in traditional markets becomes available in blockchain ecosystems. The move comes as tokenized real-world assets gain traction, with Standard Chartered predicting the sector could reach 【$30 trillion】 by 2034. Current onchain RWA valuations stand at approximately 【$25.7 billion】 according to RWA.xyz data.
Chainlink Data Streams will incorporate ICE's foreign exchange and precious metals pricing data, focusing on low-latency delivery crucial for automated settlements. The solution addresses growing demand for tamper-resistant market data in blockchain-based financial products, particularly from asset managers and banks exploring tokenization opportunities.
Industry observers note the partnership accelerates convergence between conventional financial infrastructure and decentralized networks. As tokenization expands beyond crypto assets into traditional instruments, reliable data oracles become increasingly vital for maintaining market integrity across both ecosystems.