![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
Cryptocurrency News Articles
Pyth Network Partners with Integral to Enhance Data Flows from Institutional Desks to Open Markets
May 08, 2025 at 02:19 am
Pyth Network, a provider of decentralized data feeds, has partnered with Integral, an infrastructure provider for global currency markets, to integrate how data flows from institutional desks to open markets.
The partnership will allow traditional financial institutions to publish price data to decentralized networks. The Silicon Valley-based currency technology provider Technology Provider A technology provider is an individual, company, or entity that creates, render services and sells software applications or hardware. Currently, there are four types of tech providers which are as followed:Software-as-a-Service (SaaS) – Functioning as a subscription-based licensing and delivery model, SaaS is centrally hosted and may also be referred to as on-demand software. Tech Hardware – Powerful tech providers such as Apple, Oculus Rift, FitBit, and Samsung are examples of tech hardware pro A technology provider is an individual, company, or entity that creates, render services and sells software applications or hardware. Currently, there are four types of tech providers which are as followed:Software-as-a-Service (SaaS) – Functioning as a subscription-based licensing and delivery model, SaaS is centrally hosted and may also be referred to as on-demand software. Tech Hardware – Powerful tech providers such as Apple, Oculus Rift, FitBit, and Samsung are examples of tech hardware pro Zoom in on Code Integral’s clients, which include major banks, brokers, and cross-border payment companies, can now become Pyth publishers, with no additional setup required.
Integral will host and transmit the data on their behalf, making it easier for firms to contribute high-quality information without overhauling their systems.
Bringing Institutional FX Pipelines On-Chain
Integral serves as the underlying currency infrastructure for hundreds of institutions. Its technology stack already powers FX operations for names like Mizuho, Raiffeisen Bank, and Pictet.
The shift marks a step forward in the broader evolution of market data. Where legacy models rely on gated access and steep costs, decentralized systems like Pyth aim to flip the model: promoting transparency, expanding symbol coverage, and offering real-time access at lower costs.
In the past, financial institutions often sat on large troves of valuable market data, which remained siloed or was sold at premium rates. With the Pyth–Integral model, those same firms can now take a more active role.
They can contribute data feeds directly to Pyth’s oracle network and participate in its reward mechanisms. Each new contributor adds to the accuracy, depth, and reliability of price feeds available to developers, traders, and decentralized applications.
Expansion Globally
Earlier this year, Integral secured another banking client after Access Bank Nigeria integrated its foreign exchange (FX) solutions to enhance currency trading and support regional expansion across West Africa.
Access Bank deployed Integral's suite of FX solutions, including liquidity aggregation, pricing engines, and distribution tools. The offering will allow the Nigerian lender to white-label its FX services to affiliate banks and provide branded trading interfaces to partners across its regional network.
"The optimized pricing and distribution facilitated by this partnership will enable Access Bank Nigeria to elevate its FX trading and deliver improved service for clients," said Harpal Sandhu, the CEO of Integral.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.