Pyth Unveils Data Marketplace to Challenge Wall Street’s Grip on Market Feeds

10-Apr-2026 Crypto News Australia
  • Pyth launches a blockchain marketplace enabling institutions to publish and monetise proprietary market data directly.
  • Major financial players join, marking a shift away from closed, vendor-controlled data distribution models.
  • Platform challenges dominance of traditional data providers with on-demand access and broader global reach.

A new data marketplace from Pyth Network is aiming to disrupt how financial market data is distributed, giving institutions greater control over how their information is shared and monetised. The blockchain-based platform allows firms to publish proprietary datasets directly, bypassing traditional vendor-controlled systems.

Six major institutions, including Euronext, Exchange Data International, Fidelity Investments, OTC Markets Group, SGX FX and Tradeweb, are among the first to participate by publishing data onchain. Previously, their datasets were largely confined to closed platforms, limiting accessibility and increasing costs for users.

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A New Model for Pricing Data

The marketplace introduces support for datasets across foreign exchange, commodities and swaps markets, alongside broader financial instruments such as equities and derivatives. By distributing data directly, institutions retain ownership, attribution and control over pricing structures.

We’re working alongside some of the world’s largest financial institutions to rewrite that model and establish an open data economy, creating a modern market data solution built by and for institutions.

Mike Cahill, CEO of Douro Labs and Pyth Network Contributor

This model challenges the established structure of the US$50 billion (AU$72.5 billion) market data sector, where a small number of providers have historically held significant pricing power. Pyth’s pull-based access system enables users to request specific data when needed, offering a more flexible alternative to bundled services.

With over 120 contributing institutions and more than US$3 trillion (AU$4.35 trillion) in cumulative trading volume supported, Pyth has already built a significant data network. The addition of the Data Marketplace expands its capabilities by enabling direct access to institutional-grade datasets across more than 100 blockchains and hundreds of applications.


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The post Pyth Unveils Data Marketplace to Challenge Wall Street’s Grip on Market Feeds appeared first on Crypto News Australia.

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