Hassan Maishera
On Wednesday, the Pyth Network announced via X that the UK-based fintech giant Revolut has joined Pyth Network as a data publisher. By joining Pyth Network as a publisher, Revolut brings its price data to the DeFi ecosystem, making this critical information accessible to all market participants.
As a publisher for the Pyth oracle network, Revolut will contribute its proprietary digital asset price data to Pyth Price Feeds to secure the operations of hundreds of downstream dApplications (dApps) and advance the growth of the Web3 capital markets. Revolut’s market expertise and digital asset technologies enable them to help secure the crypto data offerings of Pyth Price Feeds, the most demanded asset feeds by application developers building the future of finance.
In turn, Pyth Network enables traditional and Web2 players like Revolut to safely and rapidly expand their crypto and digital asset operations, allowing them to explore and deepen their involvement in the Web3 space.
Pyth Network is an innovative decentralized oracle that sources financial market data from over 90 first-party publishers, including major exchanges and market-making firms worldwide. PYTH is down 1.5% in the last 24 hours and currently trades at $0.3380 per coin.
