Pyth Officially Launches Pyth Data Marketplace

Deep Tide TechFlow reports that on April 9, the oracle service Pyth announced the official launch of its data marketplace, Pyth Data Marketplace, with support from six major financial institutions as data publishers. The institutions joining this initiative include Euronext, Exchange Data International, Fidelity Investments, OTC Markets Group, SGX's FX data business, and Tradeweb. These institutions previously distributed data primarily through traditional data providers and proprietary terminals. Pyth Data Marketplace enables institutions to distribute various proprietary data, including macroeconomic indicators, over-the-counter (OTC) pricing, and foreign exchange benchmarks, while retaining data ownership, pricing rights, and attribution rights.