Apr 13, 2022
If I did Gold FOREX at XM Global, I made more than 1.2 million yen!
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If I did Gold FOREX at XM Global, I made more than 1.2 million yen!
SGX FX Adopts Chainlink to Distribute OTC Forex Data On-Chain
SGX FX, the foreign exchange arm of Singapore Exchange Group, has signed up to distribute its OTC currency data on blockchain networks through Chainlink, the oracle platform that already feeds a large share of decentralized finance.The Singapore-based venue, which counts more than 200 financial ins…
➤ SGX FX, the foreign exchange arm of Singapore Exchange Group, is integrating with Chainlink to distribute its OTC currency data on blockchain networks. ➤ This move aims to make FX data accessible for developers building tokenized assets, structured products, and hedging tools on public blockchains. ➤ The partnership signifies a step towards bridging traditional finance FX markets with the growing on-chain finance ecosystem, though widespread adoption for FX as on-chain collateral remains nascent.