{"id":27285,"date":"2024-03-07T15:44:12","date_gmt":"2024-03-07T15:44:12","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/nomuras-laser-digital-partners-with-pyth-network-as-a-data-provider\/"},"modified":"2024-03-07T15:44:12","modified_gmt":"2024-03-07T15:44:12","slug":"nomuras-laser-digital-partners-with-pyth-network-as-a-data-provider","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/nomuras-laser-digital-partners-with-pyth-network-as-a-data-provider\/","title":{"rendered":"Nomura&#8217;s Laser Digital partners with Pyth Network as a data provider"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Alt Coin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/03\/nomura-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/03\/nomura-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/03\/nomura-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/03\/nomura-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li><span style=\"font-weight: 400\">Laser Digital has announced a strategic partnership with Pyth Network<\/span><\/li>\n<li><span style=\"font-weight: 400\">The Nomura-backed digital asset platform is set to bring its expertise and experience in the banking world to the growing DeFi ecosystem.<\/span><\/li>\n<li><span style=\"font-weight: 400\">Pyth Network currently offers over 450 price feeds from 100+ data providers.\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">Laser Digital, a digital asset subsidiary of global financial services giant Nomura, has become a data provider for oracle platform <\/span><a href=\"https:\/\/coinjournal.net\/news\/bitget-to-list-pyth-network-pyth-enhancing-access-to-reliable-price-oracles\/\"><span style=\"font-weight: 400\">Pyth Network<\/span><\/a><span style=\"font-weight: 400\">.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The platform announced that its strategic partnership with the blockchain network will help streamline access to financial market data, and its utilisation within the <\/span><a href=\"https:\/\/coinjournal.net\/news\/tag\/defi\/\"><span style=\"font-weight: 400\">decentralised finance (DeFi)<\/span><\/a><span style=\"font-weight: 400\"> ecosystem.<\/span><\/p>\n<p><span style=\"font-weight: 400\">In this effort, <\/span><a href=\"https:\/\/www.laserdigital.com\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">Laser Digital<\/span><\/a><span style=\"font-weight: 400\"> will tap into its network, tools and resources, per details in a press release sent to CoinJournal on Thursday. Laser Digital will initially provide crypto pricing data.<\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400\">\u201cWe are excited to support Pyth Network in its journey as a decentralised data provider. We look forward to leveraging our expertise and experience to contribute to the growth of the Pyth ecosystem,\u201d Laser Digital CEO Jez Mohideen noted.<\/span><\/p>\n<\/blockquote>\n<h2><span style=\"font-weight: 400\">Laser Digital and Pyth Network growth<\/span><\/h2>\n<p><span style=\"font-weight: 400\">Laser Digital has seen significant growth and traction within the digital assets space over the past year.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Apart from <\/span><a href=\"https:\/\/coinjournal.net\/news\/nomuras-laser-digital-invests-in-defi-protocol-infinity\/\"><span style=\"font-weight: 400\">investing in DeFi protocol Infinity<\/span><\/a><span style=\"font-weight: 400\"> in February 2023, it <\/span><a href=\"https:\/\/coinjournal.net\/news\/japans-banking-giant-nomura-launches-bitcoin-adoption-fund\/\"><span style=\"font-weight: 400\">launched the Bitcoin Adoption Fund<\/span><\/a><span style=\"font-weight: 400\"> for institutional investors in September. These are not the only big moves Laser Digital made in 2023.<\/span><\/p>\n<p><span style=\"font-weight: 400\">It also <\/span><a href=\"https:\/\/coinjournal.net\/news\/nomura-banks-laser-digital-receives-approval-for-operations-in-abu-dhabi\/\"><span style=\"font-weight: 400\">received an In-Principle approval<\/span><\/a><span style=\"font-weight: 400\"> from the Abu Dhabi Global Market and opened its Japan office before making its metaverse debut after a partnership with The Sandbox. Laser Digital has also partnered with institutional trading platform Talos.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Pyth Network launched in April 2021, and has quickly grown to become one of the crypto industry\u2019s largest oracle networks. Currently, Pyth provides for over 450 price feeds, including for crypto, stocks, forex, exchange-traded funds (ETFs), and commodities.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The first-party oracle protocol draws pricing data from more than 100 data providers. These include crypto exchanges, trading firms, market makers and traditional exchanges.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Pyth Network also offers over 300 decentralised application (dApp) integrations and supports more than 50 blockchains, <\/span><a href=\"https:\/\/coinjournal.net\/news\/oracle-platform-pyth-network-expands-features-to-arbitrum\/\"><span style=\"font-weight: 400\">including Arbitrum<\/span><\/a><span style=\"font-weight: 400\">.<\/span><\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/nomuras-laser-digital-partners-with-pyth-network-as-a-data-provider\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Alt Coin News and Cryptocurrency Comparison ) Laser Digital has announced a strategic partnership with Pyth Network The Nomura-backed digital asset platform is set to bring its expertise and experience in the banking world to the growing DeFi ecosystem. Pyth Network currently offers over 450 price feeds [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":27286,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/27285"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=27285"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/27285\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/27286"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=27285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=27285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=27285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}