bitbank, inc. one of the largest and most trusted cryptocurrency exchanges in Japan, is proud to announce that we are joining the Pyth network (HQ: Zug, Switzerland) and will deliver our institutional grade cryptocurrency market data on-chain to power the world of DeFi!
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Pyth network is a next generation oracle bringing accurate, time sensitive real world market data across Crypto, Equities, FX and Commodities to DeFi. The network sources price data from 60+ of the best exchanges, trading firms and crypto companies, and aggregates it on-chain, resulting in high quality and reliable price feeds for off- and on- chain consumption.
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Noriyuki Hirosue, founder and CEO of bitbank, stated: “Timely and transparent data is the cornerstone of creating a thriving ecosystem in the financial space. We believe that the Pyth network has the potential to deliver a dependable market data infrastructure in DeFi, and are looking forward to taking part in the initiative.”
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