Chainlink launches 24/5 US equities data streams for tokenized stocks, ETFs
Crypto companies and traditional exchanges have been rushing to offer round-the-clock stock and ETF trading using blockchain-based technology.
Crypto infrastructure company Chainlink is set to roll out support for 24/5 trading of US stocks and exchange-traded funds (ETFs), which it says could help bring parts of the roughly $80 trillion US equities market on-chain.
Chainlink said on Tuesday that its 24/5 US Equities Streams will be added to its existing market data services aimed at crypto platforms, which will bring “fast and secure market data across all major US equities and ETFs — 24 hours per day, 5 days per week.”
It added that the product allows crypto platforms to support trading, lending or derivatives referencing tokenized stocks and ETFs beyond standard US trading hours.