Rich by Coin

Coinbase has integrated Chainlink to publish its premium exchange data onchain for the first time via DataLink, an institutional-grade data publishing service built on the Chainlink data standard. This move makes Coinbase’s exchange data securely available onchain through Chainlink’s oracle network, underscoring its deep institutional integration in crypto markets. With DataLink, protocols can access a broad set of Coinbase datasets directly onchain, enabling DeFi and TradFi developers to build more robust onchain apps across derivatives, tokenized assets, and beyond. The collaboration is expected to improve pricing accuracy, strengthen risk management, and unlock entirely new onchain markets, including structured products, perpetuals, and synthetic assets.

Chainlink serves as the universal gateway to enterprise-grade data, abstracting the complexities of data delivery, decentralization, security, and reliability so developers can focus on shipping products at scale without having to manage critical data infrastructure. Liz Martin, Vice President, Coinbase Markets, said: “We’re excited to build on our existing Chainlink integrations by adopting DataLink to publish Coinbase’s exchange market data onchain for the first time. The Chainlink data standard is battle-tested, institutional-grade infrastructure, making it the clear choice for bringing Coinbase’s market data into onchain markets.” Our benchmarks enable DeFi and TradFi developers to build more robust onchain apps across derivatives, tokenized assets, and more.

Johann Eid, Chief Business Officer at Chainlink Labs, said: “Coinbase bringing its exchange data onchain through Chainlink sends a clear signal. By delivering institutional-grade exchange data to blockchains, we are proving that the future of finance requires a foundation of uncompromising security. We aren’t just moving data; we are building the programmable market infrastructure defining the next era of tokenization and accelerating the convergence of institutional finance and DeFi.” This move reinforces the programmable market infrastructure for the next era of tokenization and accelerates the convergence of institutional finance and DeFi.