Hello Equities: Introducing Traditional Finance Price Feeds
DIA will soon deliver traditional finance price feeds on-chain, enabling new use cases for DeFi builders across different networks.
We are delighted to announce that DIA will be delivering US Stock Market price data on-chain, taking another step to bridge the gap between decentralised and centralised financial markets. DIA will add over 20.000 equity price points from exchanges such as NYSE, NASDAQ, AMEX, ARCA, and BATS to its oracle suite.
By enabling access to traditional financial data on-chain, this product update will open up many potential use cases for DeFi projects building on top of DIA’s oracles. New use cases range from the creation of prediction markets, by using end-of-day stock data, to the creation of new synthetic assets, pegged to the price of US stock assets.
To support developers in the creation of new dApps, these new feeds will be oraclised and delivered initially to various blockchains such as Binance Smart Chain, Polygon, Moonbeam, xDai and many more. More networks will follow in the future.
Follow DIA on Twitter to keep track of the development as the feeds will be released progressively in the different chains over the next few weeks.