Pyth Network has announced a partnership with Sygnum Bank to bring top-notch technical capabilities and price data to on-chain finance

robot
Abstract generation in progress

On April 16, according to official news, Pyth Network, a decentralized oracle solution, announced a partnership with digital asset bank Sygnum Bank, which will join the Pyth ecosystem as a trusted partner to bring its world-class price data and technology capabilities to DeFi and empower the next generation of dApps.

This partnership marks the recognition and adoption of Pyth by the world's most trusted financial institutions, and as Sygnum contributes its bank-grade data to the Pyth price layer, the partnership will accelerate the convergence of traditional finance and the digital asset economy to build the future of finance.

It is reported that as the world's first digital asset bank, Sygnum has a Swiss banking license and a Singapore asset management license, and is a trusted digital asset portal for institutional and professional investors. As a global price tier, Pyth Network has supported 100+ blockchains and provides 1000+ real-time price data feeds, and more than 520 applications use Pyth.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)