Galaxy Digital, one of the largest investment companies in the cryptocurrency market, continues to partner with the important names of the market.
In this context, Galaxy Digital’s latest partnership is blockchain oracle provider. Chainlink Labs did with.
In the statement, it was stated that Galaxy Digital will provide crypto pricing data to blockchains via Chainlink (LINK).
As part of the partnership, data transferred using Chainlink’s oracle network will be directly distributed to multiple blockchain applications, including those in the DeFi ecosystem.
Galaxy’s data in various currency pairs, including the dollar Bitcoin (BTC), Ethereum (ETH) and other cryptocurrencies It was stated that it consisted of spot crypto prices, including
Zane Glauber, head of strategic opportunities, Galaxy Digital In his statement he said:
“Our extensive market data, which will be provided through Chainlink’s blockchain and architecture, will be an important tool in enabling smart contract developers to build advanced blockchain applications.
We are excited to integrate with Chainlink as part of our broader efforts to build a deep and diverse cryptocurrency ecosystem.”
Yaser Jazouane, Head of Data Products at Chainlink Labs He also used the following statements in his statement:
“High-quality market data is the foundation of the DeFi economy.
By providing high-quality pricing data to blockchains through the Chainlink Network, Galaxy plays a valuable role in unlocking exciting new use cases and driving innovation in the DeFi ecosystem.”
Chainlink (LINK), which moves in parallel with Bitcoin today, has recorded an increase of 26% in the last week.
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