Coinbase Partners with Chainlink for Institutional Trading Data Onchain

Coinbase, a leading cryptocurrency exchange, has announced its partnership with Chainlink to integrate institutional trading data onchain. This integration will utilize Chainlink's DataLink service, an infrastructure layer designed to publish financial data directly onto blockchain networks.

The integration of Coinbase's exchange data using Chainlink's DataLink service will enable more accurate pricing, risk management, and development of new financial products across decentralized markets. These include derivatives, tokenized real-world assets, and lending systems that rely on reliable external data inputs.