Nasdaq is expanding the distribution of its proprietary TotalView market data through Pyth’s marketplace, extending access to blockchain applications and other software platforms.
The development matters for the crypto ecosystem because it creates another route for blockchain-based applications to access established market data. It also broadens the range of software environments in which Nasdaq’s TotalView data can be distributed.
Pyth’s marketplace will serve as the channel connecting the Nasdaq data with participating applications and platforms. The partnership therefore links a traditional market-data product with infrastructure designed to deliver information to blockchain software.
The move reflects continued efforts to make conventional financial-market information usable across blockchain and other digital platforms, while keeping Nasdaq’s proprietary dataset at the center of the expanded distribution model.