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Pyth Network joins the xStocks alliance to bring the real-time prices of 85 important stocks in Hong Kong on-chain.
According to Deep Tide TechFlow news, on July 7, the decentralized oracle solution Pyth Network joined the xStocks alliance and brought the on-chain real-time price data of the 85 most valuable and widely traded companies listed in Hong Kong, covering some of the largest enterprises in Asia's finance, technology, and energy sectors, with a total market capitalization exceeding 28.8 trillion Hong Kong dollars. This series of data serves as an important indicator of capital flow in the Greater China region, providing the market with the most direct and combinable access to the Asia-Pacific stock market.
These data sources are provided by institutional-level market participants, updated every 400 milliseconds, and published in real-time across more than 100 blockchains, further bringing traditional asset tracks into programmable finance, helping developers build more complex and precise applications, unlocking new use cases such as structured products, RWA, asset tokenization, and on-chain market intelligence.
It is reported that Pyth Network has supported over 100 blockchains and provides more than 1500 real-time price data feeds. Under the vision of a "globally universal price layer," Pyth Network aims to achieve on-chain pricing for everything while possessing advantages such as decentralization, timeliness, accuracy, security, transparency, and low cost, further becoming an important force in promoting the transformation of the global financial system.