Parameta to Provide FX Data to Chainlink
Posted by Colin Lambert. Last updated: February 9, 2023
TP Icap’s Parameta Solutions is to provide FX data to Web3 services platform Chainlink, the data, across over 960 currency pairs according to the firms, will be distributed on Chainlink’s decentralised oracle networks.
“Historically, Web3 innovation has been fuelled by the introduction of high-quality market data from premium data providers such as TP Icap,” says Yaser Jazouane, head of data products at Chainlink Labs. “The addition of TP Icap’s institutional-grade forex pricing data to Chainlink helps enhance the security, accuracy, and utility of blockchain applications.”
Rhys Spencer, head of APAC sales for Parameta Solutions, adds, “The innovation of blockchains and cryptocurrencies has catalysed a whole new breed of distributed systems that need access to reliable real-world information, and Chainlink is currently the leading oracle service provider for the on-chain ecosystem. Parameta Solutions recognises this global requirement and is well positioned to be part of what could be a generational upgrade to market infrastructure and data solutions.”