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July 30, 2021

Twelve Data Launches Chainlink Node, Bringing Non-U.S. Equities, ETF, and Index Prices to DeFi

Twelve Data is excited to announce that we have launched an official Chainlink node to bring our world class datasets onto leading blockchain networks. Smart contract developers can now call the Twelve Data Chainlink node to access high-quality financial data on-demand for real-time and delayed prices for non-US equities, ETFs, and indexes. This data can be used by smart contract developers to settle on-chain derivatives markets, price synthetic assets, trigger on-chain trading strategies, and support various other DeFi and CeFi related products and markets.

Any developers wanting to consume Twelve Data’s data on-chain within their DeFi application, refer to the following documentation here.

We elected to supply and sell our financial data on-chain using Chainlink because it is the most widely used and time-tested decentralized oracle network in both the blockchain and data provider industry. The Chainlink node enables us to sell our data directly into emerging blockchain-based DeFi markets in a quick and seamless manner. Our Chainlink node is also blockchain-agnostic and cryptographically signs data, giving us a futureproof gateway to any blockchain and a way to prove the integrity of our data to smart contract applications consuming it. For a more detailed explanation of why we selected Chainlink, view our previous announcement.
Workflow of Twelve Data's node
Twelve Data is a leading data aggregation firm that processes a wide range of financial market data across multiple asset classes to provide institutional-grade financial reference data to large trading firms, fintechs, market research firms, and now DeFi applications. Our data has broad market coverage across hundreds of traditional and cryptocurrency exchanges, with over 700M API requests a day spanning more than 80,000 financial assets.

We’re delighted to launch a Chainlink node and enter the DeFi economy gaining traction as an transparent, tamper-proof, permissionless, and globally accessible financial system. We’re confident that our extensive industry experience in managing robust data infrastructure and refining accurate data will provide smart contract developers with the data quality they need to build reliable products across traditional and cryptocurrency asset classes.

“Integrating with Chainlink was a seamless process that quickly introduced our existing API infrastructure to a broad and growing set of new blockchain markets,” stated Sergey, CEO of Twelve Data. “Not only does our own Chainlink nodes allows us to sell our institutional-grade data directly to smart contracts, but it will cryptographically sign it so users can feel confident in using it on-chain to secure high-value contracts knowing it came direct from our APIs.”

About Chainlink
Chainlink is the industry standard oracle network for powering hybrid smart contracts. Chainlink Decentralized Oracle Networks provide developers with the largest collection of high-quality data sources and secure off-chain computations to expand the capabilities of smart contracts on any blockchain. Managed by a global, decentralized community, Chainlink currently secures billions of dollars in value for smart contracts across decentralized finance (DeFi), insurance, gaming, and other major industries.

Chainlink is trusted by hundreds of organizations, from global enterprises to projects at the forefront of the blockchain economy, to deliver definitive truth via secure, reliable oracle networks. To learn more about Chainlink, visit chain.link and subscribe to the Chainlink newsletter. To understand the full vision of the Chainlink Network, read the Chainlink 2.0 whitepaper. Want to discuss an integration? Talk to an expert.

About Twelve Data
Twelve Data is a technology-driven company that provides real-time financial data, financial tools, and dedicated solutions. With Twelve Data, a wide range of users starting from individual traders and researchers and up to the fintech and financial institutions have reliable access to international markets. Comprehensive data coverage, together with stability and various convenient methods of acquiring the data, are the key ingredients for success in the financial industry. Across the decentralized system spread around the globe, Twelve Data can be serving hundreds of millions of requests each day and to provide data on tens of thousands of instruments simultaneously. To find out more, visit twelvedata.com, and follow @TwelveData on Twitter.

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