Chainlink and FTSE Russell announced today a landmark collaboration that will, for the first time, publish FTSE Russell’s benchmark index data directly onto blockchains via Chainlink’s DataLink service. The move makes some of the world’s most widely used indices, including Russell and FTSE benchmarks, available 24/7 to developers and financial institutions building onchain products, a step both firms say will accelerate adoption of tokenized assets and regulated onchain financial services.
FTSE Russell’s indices already underpin more than $18 trillion in assets under management, and the firm’s decision to put that data onchain is positioned as a way to give DeFi protocols and institutional builders the same high-quality, auditable benchmarks they rely on in traditional finance. Chainlink says FTSE Russell joins over 2,000 applications and major banks, asset managers and infrastructure providers across dozens of public and private chains that use its oracle and data services.
DataLink, the turnkey>Powering Tokenized Assets with Onchain Benchmarks
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