Chainlink has partnered with Intercontinental Exchange (ICE) to integrate forex and precious metals data from ICE's Consolidated Feed into Chainlink Data Streams. This collaboration aims to enhance the accuracy and reliability of rates used by decentralized finance (DeFi) platforms, asset managers, and banks. By leveraging ICE's market data, Chainlink plans to support over 2,000 decentralized applications, thereby bridging traditional market infrastructure with blockchain technology. Maurisa Baumann from ICE emphasized the importance of this partnership in ensuring that onchain markets have the reliability and transparency comparable to traditional capital markets. Additionally, Fernando Vazquez of Chainlink highlighted the potential for a globally accessible onchain financial system, which could facilitate the tokenization of trillions of dollars in assets. This move aligns with the increasing demand for tokenized real-world assets, which currently amount to approximately $25.7 billion onchain, while stablecoins exceed $260 billion.

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