In a recent collaboration, Laser Digital, a digital asset subsidiary of financial services giant Nomura, has joined forces with Pyth Network to enhance access to financial market data within the decentralized finance ecosystem.

Pyth Network, known for offering over 450 price feeds from 100+ data providers, will benefit from Laser Digital’s expertise and resources in the banking sector.

Through this partnership, Laser Digital will initially supply crypto pricing data, leveraging its tools and network to support Pyth Network’s evolution as a decentralized data provider.

“We are excited to support Pyth Network in its journey as a decentralized data provider. We look forward to leveraging our expertise and experience to contribute to the growth of the Pyth ecosystem,” noted Laser Digital CEO Jez Mohideen.

Laser Digital and Pyth Network Advancements

Laser Digital has made significant strides in the digital assets realm, including investing in DeFi protocol Infinity, launching the Bitcoin Adoption Fund for institutional investors, and securing In-Principle approval from the Abu Dhabi Global Market, among other achievements.

Pyth Network, established in April 2021, has rapidly become a major player in the crypto industry’s oracle networks, offering a wide range of price feeds for crypto, stocks, forex, ETFs, and commodities.

Featuring integrations with over 300 decentralized applications and compatibility with more than 50 blockchains, Pyth Network sources pricing data from various data providers, including crypto exchanges, trading firms, and traditional exchanges.

For more information about Laser Digital and Pyth Network’s collaboration and growth, visit Laser Digital’s official website.

FAQs

What is Laser Digital?

Laser Digital is a digital asset subsidiary of global financial services giant Nomura. It provides expertise and resources in the digital assets space, focusing on enhancing access to financial market data.

What is Pyth Network known for?

Pyth Network is renowned for being one of the industry’s prominent oracle networks, offering a wide array of price feeds across various asset classes like crypto, stocks, forex, ETFs, and commodities.

How many price feeds does Pyth Network offer?

Pyth Network currently provides over 450 price feeds sourced from more than 100 data providers, ensuring a comprehensive and reliable source of pricing data for various assets.