Intercontinental Exchange (ICE) Inc. has announced that its high-quality foreign exchange and precious metals rates will be used as contributors to Chainlink’s derived data set.

Enhancing Onchain Financial Data with ICE

This move by ICE and Chainlink aligns with their shared goal of promoting the widespread adoption of blockchain-based finance. The ICE data feed covers a broad spectrum of currencies and precious metals, ensuring reliability for onchain markets while supporting the creation of new tokenized assets.

As a Fortune 500 company specializing in financial technology and data services across various asset classes, ICE provides its clients with tools to enhance transparency and productivity. Through its futures, equity, options exchanges, and clearing houses, ICE helps investors manage their investments, raise capital, and mitigate risks.

By incorporating ICE’s data into Chainlink’s Data Streams, the latter is able to improve its standard and unlock a range of institutional-grade applications. This integration offers DeFi applications more tamper-resistant information, thereby providing superior onchain experiences that cater to evolving demands in traditional capital markets.

The potential market for tokenized real-world assets is projected to reach USD 30.1 trillion, presenting a significant opportunity for institutions to engage with the digital asset space. Chainlink’s Data Streams leverage low-latency oracles and automated settlement mechanisms to enable organizations to access secure high-frequency data on demand.

Through this collaboration, ICE’s Consolidated Feed data will be integrated into Chainlink’s derived FX and precious metals rates onchain. This partnership marks a step toward a unified, accessible global financial system with tokenization at its core.