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TP ICAP Selects Chainlink Blockchain to Load Data of 960+ Forex Pairs

The famous source of digital market framework and data, TP ICAP, has partnered with the Chainlink Network to offer top-notch Forex data to the blockchain space, with backing for over 960 pairings. This currency information is being provided to Chainlink decentralized oracle networks (DONs) by Parameta Solutions, the data and analytics section of TP ICAP, in order to facilitate the development of tamper-proof oracle data.

Traditionally, the arrival of high-quality market information from premium data sources including TP ICAP has fuelled Web3 advancement. The integration of institutional-level forex pricing information from TP ICAP to Chainlink enhances the safety, precision, and value of blockchain systems.”

With more than 5 billion data points currently given to apps spanning Web3’s most significant blockchain platforms, Chainlink provides TP ICAP’s forex price information accessible to the greatest possible range of programmers via pooled Chainlink Price Feeds. The latest introduction of Fusion Digital Assets, a wholesale platform for spot cryptocurrencies, is the most recent illustration of TP ICAP’s heightened interest on blockchain technology.

TP ICAP works at the centre of wholesale over-the-counter (OTC) and exchange-traded marketplaces. The organization is engaged throughout all major asset categories, including finance, energy, and commodities, where brokers link buyers and sellers to enhance the price discovery mechanism, transaction execution, and liquidity stream. The company is also a supplier of over-the-counter (OTC) market information, which includes current and historical price information, as well as sophisticated valuation and insights.

Head of APAC Sales for TP ICAP’s Parameta Solutions, Rhys Spencer, stated, “The advancement of blockchains and cryptocurrencies has spawned an entirely fresh breed of distributed networks that require access to accurate real-world data, and Chainlink is presently the topmost oracle service facilitator for the on-chain environment.” This worldwide need is recognized by Parameta Solutions, which is uniquely suited to participate in what might be a transformational update of market framework and data remedies.”

Head of Data Products at Chainlink Labs, Yaser Jazouane, stated, “Traditionally, Web3 development has been driven by the arrival of top-notch market data from premium data suppliers including TP ICAP. The integration of institutional-level forex pricing information from TP ICAP to Chainlink improves the security, precision, and value of blockchain systems.”

Chainlink is a straightforward and future-proof system that allows content providers to join Web3 with the following characteristics:

 

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