🔥Pyth Officially Launches Data Marketplace Covering Precious Metals, Crude Oil Swaps, and Other Financial Information

On April 9th, Pyth announced the launch of a data marketplace that provides institutions with a direct distribution layer, allowing data producers to retain ownership, achieve transparent pricing and access control, and avoid information loss or ambiguity of ownership in data resale. Compared to traditional models where data providers dominate distribution rights, this model hands control back to the data sources, promoting the formation of an open, transparent, and globally accessible new generation financial data system. Six major global financial institutions will directly distribute proprietary data on-chain through the Pyth Network data marketplace, covering key financial information such as spot foreign exchange, precious metals, crude oil swaps, over-the-counter pricing, fixed income, corporate actions, and reference data.