Two Sigma Securities Joined Chainlink
Two Sigma Securities, a systematic liquidity provider and trading firm, has joined Chainlink the industry-standard Web3 services platform.
Chainlink as Data Provider has joined Two Sigma Securities and as part of its effort to bring its high-quality market data to the blockchain ecosystem.
Two Sigma Securities Overview
The platform is supplying high-quality proprietary data to Chainlink’s decentralized oracle networks (DONs) in order to develop tamper-resistant oracle reports.
Developers in the Web3 ecosystem may now utilize Two Sigma Securities’ premium market data. To serve a wide range of smart contract use cases that rely on data aggregation for financial market data.
Partnership Highlights
Using Chainlink to supply market data allows Two Sigma Securities to offer a fundamental contribution that will serve as the cornerstone for new decentralized financial market infrastructure and enable the development of risk innovative management apps on any blockchain or layer-2 network.
“We are looking forward to working with Chainlink to bring our proprietary data to support the decentralized financial infrastructure,” said Chris Marty, CEO of Two Sigma Securities. “As a market maker and data provider, we believe we can play an important role in helping to cultivate a healthy digital assets ecosystem and we are excited by the value digital assets can bring to the financial marketplace as it evolves.”
Chainlink, the most extensively used Oracle network. Is blockchain agnostic and enables node operators with safe administration of API keys and account logins. Resulting in smooth data integration and access to a massive target market of data consumers.
“Deep quantitative expertise to produce highly accurate price data is foundational to the growth and long-term success of the DeFi ecosystem,” said Yaser Jazouane, Head of Data Products at Chainlink Labs. “By securely making its price data available on-chain via Chainlink decentralized oracle networks, Two Sigma Securities is able to play a critical role in helping increase the adoption of cryptographic guarantees in risk management and financial agreements.”
About Chainlink
Chainlink, the industry standard Web3 services platform that connects Web3 apps to real-world data and off-chain computation, across any blockchain. As the leading decentralized oracle network, Chainlink enables feature-rich Web3 applications and hybrid smart contracts. Offers global enterprises and data providers a universal gateway to all blockchains. Chainlink secures tens of billions of dollars across DeFi, insurance, gaming, NFTs, and other major industries.
About Two Sigma Securities
Two Sigma Securities is a systematic liquidity provider and trading business. Founded in 2009, its goal is to bring together the brightest minds in quantitative research, engineering, and trading to make global financial markets more efficient. Our team trades globally across asset classes. Leveraging our models and high-performance trading system to regularly execute over a billion shares per day.
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