Two Sigma Securities Partners With Chainlink As Data Provider
Two Sigma Securities, a quantitative liquidity provider and market maker has joined the Chainlink data provider network.
Two Sigma is a market maker in traditional financial markets, and its venture arm just raised $400 million across two funds to invest in crypto and DeFi.
Two Sigma will donate its proprietary data to Chainlink’s decentralized oracle networks (DONs) as part of the process, with the objective of extending the use cases of on-chain smart contract applications.
According to Dune Analytics, Chainlink is the most commonly utilized Oracle network, with over 690,000 active users and a total value of over $6.1 trillion in transactions (TVE).
Chainlink’s head of data products Yaser Jazouane said:
“Deep quantitative expertise to produce highly accurate price data is foundational to the growth and long-term success of the DeFi ecosystem.”
Chainlink is blockchain agnostic and provides node operators with secure management of API keys and account logins that lead to seamless data integration and access to a vast addressable market of data consumers.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Website: coincu.com
Harold
CoinCu News
Author
News
Two Sigma Securities Partners With Chainlink As Data Provider
Two Sigma Securities, a quantitative liquidity provider and market maker has joined the Chainlink data provider network.
Two Sigma is a market maker in traditional financial markets, and its venture arm just raised $400 million across two funds to invest in crypto and DeFi.
Two Sigma will donate its proprietary data to Chainlink’s decentralized oracle networks (DONs) as part of the process, with the objective of extending the use cases of on-chain smart contract applications.
According to Dune Analytics, Chainlink is the most commonly utilized Oracle network, with over 690,000 active users and a total value of over $6.1 trillion in transactions (TVE).
Chainlink’s head of data products Yaser Jazouane said:
“Deep quantitative expertise to produce highly accurate price data is foundational to the growth and long-term success of the DeFi ecosystem.”
Chainlink is blockchain agnostic and provides node operators with secure management of API keys and account logins that lead to seamless data integration and access to a vast addressable market of data consumers.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Website: coincu.com
Harold
CoinCu News
Other Posts
Related Posts
Latest
Missed the AAVE Bullish Ride? This New Presale Can Turn Your Thousands into Millions
Dogecoin Price Forecast: Analysts Push For $0.2288 DOGE While This Ethereum Altcoin Eyes 8,000% Gains In The Next 16 Days
Below $1 Swift Altcoin Competitor Could Overshadow XRP Price Potential Election Rally
Press Release
Missed the AAVE Bullish Ride? This New Presale Can Turn Your Thousands into Millions
Polkadot and SP Negócios Collaborate to Enhance Crypto Economy Development
