Details

  • Chainlink Labs has launched Data Streams for U.S. equities and ETFs, delivering real-time, high-throughput market data directly to blockchain networks and enabling tokenized stock trading and synthetic ETFs.
  • The solution is already being used by DeFi platforms including GMX, Kamino, and GMX-Solana, supporting assets such as SPY, QQQ, NVDA, and MSFT across 37 blockchains.
  • Key features include market hours enforcement, staleness detection, and high-frequency, institutional-grade pricing, addressing critical gaps in previous onchain market data infrastructure.
  • This release marks a shift from crypto-native assets to traditional financial instruments, providing vital infrastructure to bridge mainstream capital markets with decentralized finance.
  • With the tokenized real-world asset (RWA) market now surpassing $275 billion and forecast to reach $30 trillion by 2030, this initiative is set to drive broader adoption of Web3-based equity markets.

Impact

Chainlink’s move brings Wall Street data directly onchain, enabling secure and scalable tokenized equity products and ETFs. By solving technical hurdles like market hours compliance and reliable pricing, Chainlink cements its role in the growing tokenization market. This infrastructure is poised to attract more institutional users and expand access to equities within the emerging Web3 financial ecosystem.