Pyth Network, a provider of institutional-grade market data for blockchain applications, has expanded its coverage with the launch of Hong Kong equity feeds on Pyth Pro, the company’s subscription service for professional market data.
The first batch of feeds includes shares of Tencent, BYD, the ChinaAMC CSI300 ETF, and the FTSE China A50 ETF, along with more than 70 other companies listed in Hong Kong. The update gives exchanges, trading firms, and on-chain applications access to pricing data for major Hong Kong and Chinese market assets through a single integration.
The new Hong Kong feeds use the same API and data format already available through Pyth Pro. This allows exchanges to launch perpetual markets based on Hong Kong stocks, prediction platforms to settle contracts linked to corporate earnings or macroeconomic events, and trading firms to access pricing data through a unified system.
Pyth Network operates one of the largest market data infrastructures in the blockchain sector. The company reports that more than 710 businesses use its data services, while around 60% of on-chain perpetual trading platforms rely on Pyth price feeds.
Image: Magnific
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