Oracle Network Oracle Pyth Network began to publish prices in real time and real -time for 85 of the most precious actions listed in Hong Kong, giving manufacturers and merchants around the world a direct access to one of the most important stock markets in Asia.
The price flows come directly from sites of institutional quality and updated all 400 milliseconds on more than 100 blockchains, said the project in a shared ad with Cointtelegraph.
“Whether you are building trading strategies, structured products, tokenized wallets or you simply want to access the acts of the real world from the Asian financial gateway, these flows bring the Hong Kong stock market without permission.
Price flows cover a market capitalization combined with more than $ 28.8 billions of Hong Kong (around 3.7 billions of dollars), including the main players in banking, insurance, energy and Chinese technology.
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Pyth unlocks access in real time to the actions of Hong Kong
The launch unlocks access to the live data from Hong Kong which were previously locked behind expensive terminals, regional licenses and delayed services like Yahoo! Finance, said Pyth Network.
“Fintech applications oriented to retail at institutional negotiation offices, this data set offers manufacturers the inputs necessary to create new generation financial products,” said the announcement.
According to its website, Pyth Network currently has more than 1,300 price flows covering a number of different asset classes, including American actions, basic products and cryptocurrencies.
Project price flows are available on more than 100 blockchain ecosystems, including Mainnet for most chains in Ethereum virtual machines like Ethereum, BNB Chain, Avalanche and others. They can also be used in out -of -chain applications.
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The centrifuge brings S&P 500 onchain
Earlier this month, Centrifuge has teamed up with S&P Dow Jones Indices to provide for the first time the S&P 500 index. The collaboration has a new index proof infrastructure and allows programmable index monitoring funds using official S&P data via smart contracts.
The initiative enables approved asset managers to launch entirely S&P 500 index funds from Onchain, maintaining institutional standards while offering DEFI advantages such as 24/7 accessibility and accessibility. Web3-Native Anemoy Capital will launch the first fund of this type, powered by the centrifuge.
Last week, Wall Street Goldman Sachs and BNY Wall Street giants announced its intention to offer institutional investors access to the money market funds in Tokenized.
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