Nasdaq is now a data publisher on the Pyth Network Marketplace, offering its main Nasdaq TotalView market data through an on-chain network for the first time. This lets developers and decentralized apps get high-quality stock market data directly via blockchain. It’s another move to connect traditional finance with decentralized finance, though Nasdaq’s main business is still in regular capital markets. The partnership should make it easier to access good equity market data and create new chances for blockchain-based financial apps.
At first, Nasdaq will provide its popular TotalView data feed, which includes full depth-of-book details, order attribution, and data on opening and closing auction imbalances. Many professional traders see this feed as one of the best sources for U.S. equity market information.
Pyth says it is the first blockchain network to offer Nasdaq’s market data directly on-chain. Now, developers working on decentralized exchanges, prediction markets, analytics tools, and automated trading systems can use this data without needing traditional financial terminals or costly APIs.
Mike Cahill, CEO of Douro Labs and a Pyth Network contributor, said this partnership shows a bigger change in how people use financial data. He explained that financial markets now rely more on software than on old trading terminals, so programmable data distribution is becoming more important.
This partnership builds on Nasdaq’s earlier work with blockchain. While Nasdaq has looked into tokenization and digital asset partnerships before, this is the first time it is directly offering one of its main market data products through an on-chain network.
This news comes after several big updates for Pyth. Earlier this year, Pyth launched Pyth Indices, which provide 24/7 pricing for U.S. stocks, commodities, and themed investment baskets. However, the platform had a major outage in May that briefly stopped its price feeds, showing that blockchain systems still face some operational challenges.
Industry experts say that while this partnership gives more people access to high-quality market data, many professional trading firms will probably keep using traditional exchange connections because of strict rules, compliance needs, and speed requirements.
Even so, Nasdaq’s choice to use Pyth shows that big financial institutions are getting more comfortable trying out blockchain technology to share their market data more widely.
🚨 BREAKING: Nasdaq selects Pyth for data distribution.
The exchange behind the opening bell is now distributing its market data through the Pyth Data Marketplace.
One of the most recognized names in global finance. Now on Pyth. 🧵 pic.twitter.com/IGK9PeJLo9
— Pyth Network 🔮 (@PythNetwork) June 30, 2026
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