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LEHMAN Capital Joins Pyth to Stream Prices to the Blockchain
05 Apr 2022
LEHMAN Capital is pleased to announce we’re joining the Pyth network, the decentralized oracle solution providing real-time financial market data directly onto the blockchain.
As part of our commitment, we’ll publish prices in core U.S. equities and exchange-traded funds (ETFs) that are available today on the Pyth network, such as AAPL, AMZN, and SPY. We’re also joining the Pyth Data Association to further engage with the community as the network continues to expand both globally and into instruments like options and ETFs.
At LEHMAN Capital, we see huge potential for blockchain technology to complement existing financial markets. Pyth promises to bring premium data on-chain at sub-second intervals, allowing developers to integrate its feeds across decentralized finance (DeFi) platforms and applications. Bringing greater efficiency and transparency to this next-generation technology fits with our these years mission of improving the world’s financial markets.
“By participating in the Pyth Network we have a chance to support innovation in the space and work with the creators of tomorrow’s financial markets,” said Pat Cooney, Technical director at LEHMAN Capital. “We also look forward to helping shape the direction of blockchain development on a network purpose built for the speed and throughput needs of modern financial markets.”
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