Blockchain

21X Adopts Chainlink for Onchain Market Data

Chainlink, a number one oracle platform, and 21X, a blockchain-based trade for tokenized securities licensed beneath the EU’s DLT Regime, introduced that 21X is utilizing Chainlink to supply real-time market knowledge onchain.

The combination permits verifiable knowledge similar to bid and ask costs, portions, and final traded costs for securities listed on 21X. This data is accessible on the general public Polygon blockchain, enabling new use instances for regulated tokenized equities, debt securities, and funds.

The system is powered by the Chainlink Runtime Surroundings (CRE), which collects, aggregates, and publishes knowledge in a standardized format. This gives a dependable supply of market data for builders, monetary establishments, custody suppliers, and DeFi protocols.

21X plans to increase the mixing to incorporate pre-trade knowledge, deeper analytics, and extra asset courses.

Picture: Freepik

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