Pyth Network, a provider of decentralized data feeds, has partnered with Integral, an infrastructure provider for global currency markets, to enhance how data flows from institutional desks to open markets.

The partnership will allow traditional financial institutions to publish price data to decentralized networks. Integral’s clients, which include major banks, brokers, and cross-border payment companies, can now become Pyth publishers, reportedly with no additional setup.

Integral hosts and transmits the data on their behalf, making it easier for firms to contribute high-quality information without overhauling their systems.

Bringing Institutional FX Pipelines On-Chain

Integral serves as the underlying currency infrastructure for hundreds of institutions. Its technology stack already powers FX operations for names like Mizuho, Raiffeisen Bank, and Pictet.

The shift marks a step forward in the broader evolution of market data. Where legacy models rely on gated access and steep costs, decentralized systems like Pyth aim to flip the model: promoting transparency, expanding symbol coverage, and offering real-time access at lower costs.

In the past, financial institutions often sat on large troves of valuable market data, which remained siloed or was sold at premium rates. With the Pyth–Integral model, those same firms can now take a more active role.

They can contribute data feeds directly to Pyth’s oracle network and participate in its reward mechanisms.

Each new contributor adds to the accuracy, depth, and reliability of price feeds available to developers, traders, and decentralized applications worldwide.

Expect ongoing updates as this story evolves.

Source: Finance Magnates