Coinbase partners with Chainlink to put order book and derivatives data on-chain.

PANews reported on March 25th that, according to The Block, Coinbase is bringing its exchange market data directly onto the blockchain for the first time through Chainlink's newly launched DataLink service. This integration covers order books, perpetual contracts, futures, and some stock and commodity data from Coinbase International Exchange and Coinbase Derivatives Exchange, providing real-time access to decentralized protocols and applications for building or optimizing derivatives, tokenized assets, and other products. Coinbase stated that this move helps monetize its institutional-grade benchmark data and supports its "Exchange of Everything" and full-stack prime brokerage strategy. Chainlink also noted that DataLink has been adopted by institutions such as S&P Global and FTSE Russell, bringing more traditional financial data on-chain.