Pyth Network, a provider of decentralized data feeds,
has partnered with Integral, an infrastructure provider for global currency
markets, to enhance how data flows from institutional desks to open markets.
The partnership will allow traditional financial
institutions to publish price data to decentralized networks. The Silicon Valley-based currency technology provider Integral’s clients, which include major banks,
brokers, and cross-border payment companies, can now become Pyth publishers, reportedly
with no additional setup.
Integral hosts and transmits the data on their behalf,
making it easier for firms to contribute high-quality information without
overhauling their systems.
Bringing Institutional FX Pipelines On-Chain
Integral serves as the underlying currency
infrastructure for hundreds of institutions. Its technology stack already
powers FX operations for names like Mizuho, Raiffeisen Bank, and Pictet.
The shift marks a step forward in the broader
evolution of market data. Where legacy models rely on gated access and steep
costs, decentralized systems like Pyth aim to flip the model: promoting
transparency, expanding symbol coverage, and offering real-time access at lower
costs.
In the past, financial institutions often sat on large
troves of valuable market data, which remained siloed or were sold at premium
rates. With the Pyth–Integral model, those same firms can now take a more
active role.
They can contribute data feeds directly to Pyth’s
oracle network and participate in its reward mechanisms. Each new contributor adds to the accuracy, depth, and
reliability of price feeds available to developers, traders, and decentralized
applications worldwide.
Expansion Globally
Early this year, Integral secured another banking client
after Access Bank Nigeria integrated its foreign exchange (FX) solutions to
enhance currency trading and support regional expansion across West Africa.
Access Bank reportedly deployed Integral’s suite of FX
solutions, including liquidity aggregation, pricing engines, and distribution
tools. The offering enables the Nigerian lender to white-label its FX services
to affiliate banks and provide branded trading interfaces to partners across
its regional network.
“The optimized pricing and distribution facilitated by
this partnership will enable Access Bank Nigeria to elevate its FX trading and
deliver improved service for clients,” commented Harpal Sandhu, the CEO of
Integral.
Pyth Network, a provider of decentralized data feeds,
has partnered with Integral, an infrastructure provider for global currency
markets, to enhance how data flows from institutional desks to open markets.
The partnership will allow traditional financial
institutions to publish price data to decentralized networks. The Silicon Valley-based currency technology provider Integral’s clients, which include major banks,
brokers, and cross-border payment companies, can now become Pyth publishers, reportedly
with no additional setup.
Integral hosts and transmits the data on their behalf,
making it easier for firms to contribute high-quality information without
overhauling their systems.
Bringing Institutional FX Pipelines On-Chain
Integral serves as the underlying currency
infrastructure for hundreds of institutions. Its technology stack already
powers FX operations for names like Mizuho, Raiffeisen Bank, and Pictet.
The shift marks a step forward in the broader
evolution of market data. Where legacy models rely on gated access and steep
costs, decentralized systems like Pyth aim to flip the model: promoting
transparency, expanding symbol coverage, and offering real-time access at lower
costs.
In the past, financial institutions often sat on large
troves of valuable market data, which remained siloed or were sold at premium
rates. With the Pyth–Integral model, those same firms can now take a more
active role.
They can contribute data feeds directly to Pyth’s
oracle network and participate in its reward mechanisms. Each new contributor adds to the accuracy, depth, and
reliability of price feeds available to developers, traders, and decentralized
applications worldwide.
Expansion Globally
Early this year, Integral secured another banking client
after Access Bank Nigeria integrated its foreign exchange (FX) solutions to
enhance currency trading and support regional expansion across West Africa.
Access Bank reportedly deployed Integral’s suite of FX
solutions, including liquidity aggregation, pricing engines, and distribution
tools. The offering enables the Nigerian lender to white-label its FX services
to affiliate banks and provide branded trading interfaces to partners across
its regional network.
“The optimized pricing and distribution facilitated by
this partnership will enable Access Bank Nigeria to elevate its FX trading and
deliver improved service for clients,” commented Harpal Sandhu, the CEO of
Integral.
