Intercontinental Exchange (ICE), parent company of the New York Stock Exchange (NYSE), has partnered with Chainlink to bring forex and precious metals data onchain. The integration will use ICE’s Consolidated Feed, which aggregates market data from over 300 global exchanges and marketplaces, into Chainlink Data Streams.
The data will be available to over 2,000 decentralized applications (DApps) and financial institutions that use Chainlink’s infrastructure in tokenized environments. Moreover, Chainlink stated that the feeds will provide market information required for blockchain-based operations across various asset classes.
Furthermore, the company stated that ICE’s Consolidated Feed delivers low-latency and tamper-resistant price data for onchain financial transactions, settlements, and rate calculations.
ICE and Chainlink Expand Onchain Market Data Access
ICE operates financial exchanges, clearing houses, and data services, and connects market participants across major asset classes. It is known for operating the NYSE and other global financial networks.
Through the partnership, Chainlink will use ICE forex data and ICE precious metals data to improve the accuracy of exchange rates and price feeds used by decentralized finance (DeFi) platforms, asset managers, and banks. This enables financial institutions and blockchain platforms to reference trusted market rates in real time.
Maurisa Baumann, vice president of global data delivery platforms at ICE, said:
“Working with Chainlink is an important step in growing the global blockchain economy because it ensures that markets built onchain have the same level of reliability and transparency as traditional capital markets.”
Chainlink’s Integration of ICE Data for Onchain Financial Systems
Fernando Vazquez, president of capital markets at Chainlink Labs, said the collaboration supports “a unified, globally accessible onchain financial system.” He added that this infrastructure can handle the tokenization of large-scale assets while maintaining established financial standards.
Chainlink Data Streams will now include ICE forex pricing and ICE precious metals pricing alongside existing datasets. The integration will make the data available for decentralized applications, trading systems, and financial products that require verified market information.
This move extends Chainlink’s coverage into traditional market sectors, connecting forex market data and precious metals market data directly to blockchain networks.
Tokenized Real-World Assets Continue to Grow
The ICE and Chainlink partnership comes as tokenized real-world assets (RWAs) record rapid growth. In June, Standard Chartered projected that the RWA market could surpass $30 trillion by 2034.
Figures from RWA.xyz show that total RWAs onchain are valued at $25.7 billion, while stablecoins exceed $260 billion. The number of RWA asset holders has reached 347,000, up 13.97% in the past 30 days. The number of stablecoin holders is over 188 million, a 2.82% increase over the same period.
The data reflects increased demand for reliable forex market data and precious metals market data in tokenized environments. Both ICE data and Chainlink integration aim to provide accurate onchain rates for the growing number of blockchain-based financial applications.
