Crypto:
36635
Bitcoin:
$92.067
% 1.42
BTC Dominance:
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Market Cap:
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% 1.16
Fear & Greed:
28 / 100
Bitcoin:
$ 92.067
BTC Dominance:
% 58.7
Market Cap:
$3.14 T

British Giant FTSE Russell Announces Partnership with a Surprise Altcoin!

The blockchain industry continues to witness the growing intersection between traditional finance and decentralized technology. One of the latest and most notable examples comes from FTSE Russell, a leading UK-based global index provider, which has officially announced a strategic partnership with Chainlink (LINK). Through this collaboration, FTSE Russell aims to bring its benchmark indices and market data on-chain for the first time.

FTSE Russell Indices Go On-Chain

Under this partnership, some of the world’s most recognized financial benchmarks — including the Russell 1000, Russell 2000, and Russell 3000 — along with other FTSE index products, will be made accessible through blockchain networks.

The integration will be powered by Chainlink’s DataLink, a decentralized data publishing platform designed to securely transmit high-quality financial information to blockchain-based environments. With this move, FTSE Russell’s global indices will become available on-chain 24/7, enabling developers, institutions, and financial innovators to access trusted market data directly from decentralized systems.

This collaboration also marks FTSE Russell’s first initiative to deliver its data through blockchain infrastructure — a clear step toward bridging traditional finance and emerging Web3 technologies.

CEO Fiona Bassett Highlights Innovation Potential

Commenting on the partnership, Fiona Bassett, CEO of FTSE Russell, said:

“We are excited to bring our index data on-chain using Chainlink’s institutional-grade infrastructure. This represents a significant step in enabling innovation across tokenized assets, ETFs, and next-generation financial products. DataLink allows us to securely distribute the underlying data of our most trusted benchmarks to global on-chain markets.”

Her statement underscores how blockchain technology is increasingly viewed as a foundation for the next phase of financial innovation, particularly in tokenization and data transparency.

A Strengthening Phase for Chainlink’s Ecosystem

Chainlink’s DataLink infrastructure is already trusted by major financial data providers such as Deutsche Börse and S&P Global. The system operates across multiple blockchains and serves thousands of decentralized applications (dApps), ensuring that verified data can be securely accessed by smart contracts.

Despite the significance of this partnership, LINK’s price declined by around 10% in the past 24 hours, reflecting the broader correction across the crypto market rather than any project-specific weakness.

Previously, Chainlink had also established a partnership with the U.S. Department of Commerce to facilitate the on-chain delivery of key macroeconomic indicators, including GDP, Personal Consumption Expenditures (PCE), and Domestic Demand Strength.

This new collaboration with FTSE Russell further cements Chainlink’s position as the leading bridge between traditional financial systems and blockchain-based innovation.

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