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Pyth has launched a platform for trading financial data, including precious metals and oil derivatives.
Pyth announced the launch of a data trading platform that allows data owners to distribute their data directly, retain ownership rights, ensure transparent pricing, and control access.
Six global financial organizations will use the Pyth Network to directly transmit their data to the blockchain, including spot forex, precious metals, crude oil swaps, over-the-counter quotes, fixed income instruments, corporate actions, and reference data.