XR Trading Joins Rapidly Expanding Pyth Network

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CHICAGO, Aug. 9, 2021 /PRNewswire/ — XR Trading, a leading proprietary trading firm in the global derivatives marketplace, today announced that it will be contributing real-time crypto pricing data to the Pyth network, a decentralized financial market data distribution platform created to transform the way market data is used on the blockchain and establish greater efficiency in the markets. XR Trading will begin providing cryptoasset data with plans to expand into other asset classes in the future.

The Pyth network allows consumers to acquire aggregated market data and consume it directly from a blockchain. Data owners are able to contribute to this network via Solana, a blockchain appropriately suited to accommodate timely and effective receipt and distribution of fast-moving data. In addition to Solana, the Pyth network is a cross-chain project with compatibility across other leading blockchains to provide effective, interoperable solutions across…

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