FTSE Russell and Chainlink Collaborate to Publish Indexes Onchain
- FTSE Russell has partnered with Chainlink to publish benchmark equity and digital asset indexes on multiple blockchains.
- Data for the Russell indexes, including the Russell 1000, Russell 2000, and FTSE 100, will be available via DataLink.
- These indexes are tracked by over $18 trillion in assets globally, highlighting their significance in financial markets.
- This initiative is part of FTSE Russell’s strategy to promote innovation around tokenized assets and exchange-traded funds.
- In recent years, FTSE Russell has launched several digital asset indexes to provide standardized benchmarks for institutional investors in the crypto market.
The collaboration between FTSE Russell and Chainlink marks a significant step in integrating blockchain technology into traditional finance, emphasizing the growing institutional interest in stablecoins and tokenization efforts across major financial institutions.
This partnership aims to enhance access to reliable market data for over $18 trillion in tracked assets through blockchain solutions.(Source)