Chainlink Collaborates with BX Digital and BX Swiss to Provide On-Chain Market Data for Tokenized Equities

In an astounding development, Chainlink joined hands with BX Digital and BX Swiss, two Swiss-based subsidiaries of Europe's sixth-largest exchange group, Boerse Stuttgart.

Boerse Stuttgart, Europe’s sixth-largest exchange group, has two Swiss-based subsidiaries: BX Digital and BX Swiss. Now, these two companies are working with Chainlink to bring on-chain market data for tokenized equities.

Chainlink announced the collaboration in a recent X post. “We are excited to announce that Chainlink has partnered with BX Digital and BX Swiss, both part of Boerse Stuttgart—one of the largest exchange groups in Europe,” the X post reads.

Chainlink’s data solution for Swiss-based tokenized equities is now live on testnet. Once in production on mainnet, BX Digital will be able to use the Chainlink standard to publish and distribute on-chain securities pricing.

BX Digital is setting up a digital assets market in Switzerland. This move comes as the country considers adding a strategic Bitcoin reserve to its already impressive holdings.

With a focus on digital assets, BX Digital is using Ethereum blockchain technology to create a Delivery vs Payment (DvP) Settlement System. By partnering with Chainlink, BX Digital is ensuring the accurate on-chain reporting of the securities market data.

Highlighting the fundamental need for reliable and secure on-chain data for digital assets, Angie Walker, Chainlink’s Global Head of Banking and Capital Markets, said,

“Working with BX Digital to deliver this essential component addresses the growing demand for direct, onchain access to real-time data, which can enhance trading operations with greater efficiency and transparency. We look forward to bringing this new onchain pricing data standard to the Swiss market with BX Digital.”