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news4d ago

Chainlink Brings SGX FX Data Onchain

SGX FX has adopted Chainlink DataLink to distribute institutional OTC foreign exchange benchmark pricing across more than 75 blockchains, expanding access to trusted FX data for tokenized assets and DeFi.

Chainlink Brings SGX FX Data Onchain

SGX FX, the foreign exchange arm of Singapore Exchange, has selected Chainlink to bring institutional over-the-counter FX data to blockchain networks, marking another step in the push to connect traditional market data with decentralized finance.

Benchmark FX Rates Across 75-Plus Blockchains

The integration uses Chainlink DataLink to distribute benchmark FX pricing to applications across more than 75 public and private blockchain networks. Initial coverage includes spot rates and one-month forward rates for major global currency pairs. SGX FX said the move is designed to expand institutional access to trusted market data for tokenized assets and DeFi protocols.

DataLink is an institutional-grade data publishing service that enables data providers to commercialize specialized market data onchain through Chainlink's secure infrastructure. It serves both institutional capital markets and DeFi protocols by enabling data providers to deliver specialized datasets across public chains, private institutional chains, and capital markets infrastructure.

Part of a Broader Institutional Data Push

The SGX FX integration is the latest in a series of institutional data partnerships for Chainlink's DataLink service. In April 2026, SIX, the global financial data and market infrastructure provider, announced that equities data from its exchanges in Switzerland and Spain was available onchain for the first time via DataLink, reaching over 2,600 applications across more than 75 blockchains. New Change FX (NCFX) has also partnered with Chainlink to bring its 24x7 FX feeds onchain via DataLink, providing continuous FX bid, offer, and mid-rates for major and emerging currencies around the clock.

The pattern reflects growing demand for verified, institutional-quality pricing data in onchain environments. As tokenized real-world assets expand in scope, access to reliable FX benchmarks becomes increasingly important for settlement, collateral valuation, and structured product development across DeFi platforms.

Since inventing decentralized oracle networks, Chainlink has enabled tens of trillions in transaction value and now secures the vast majority of DeFi, giving institutional data providers a well-established foundation to build on.

Sources:
Chainlink DataLink Documentation
SIX and Chainlink Bring Swiss and Spanish Equities Onchain (SIX Group)
Traditional Financial Institutions Add to Onchain Data (Markets Media)

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Author

Soumen Datta profile photoSoumen Datta

Soumen has been a crypto researcher since 2020 and holds a master’s in Physics. His writing and research has been published by publications such as CryptoSlate and DailyCoin, as well as BSCN. His areas of focus include Bitcoin, DeFi, and high-potential altcoins like Ethereum, Solana, XRP, and Chainlink. He combines analytical depth with journalistic clarity to deliver insights for both newcomers and seasoned crypto readers.

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