Key Takeaways:
- FTSE Russell indexes, including Russell 1000, Russell 2000, and FTSE 100, are now available onchain via Chainlink’s DataLink.
- The move supports innovation in tokenized assets and provides standardized, institutional-grade data for blockchain applications.
- Growing institutional adoption reflects a convergence of traditional finance and blockchain, fueled by clearer regulatory frameworks.
FTSE Russell Moves Traditional Indexes Onchain
Global index provider FTSE Russell has partnered with blockchain oracle network Chainlink to publish its flagship equity and digital asset indexes on multiple blockchains. This initiative will make data from the Russell 1000, Russell 2000, Russell 3000, and FTSE 100 indexes publicly accessible in real time, providing investors with reliable, onchain market information.
Fiona Bassett, CEO of FTSE Russell, emphasized that the move supports innovation in tokenized assets and exchange-traded funds, signaling a major step toward the integration of traditional finance and blockchain technology.
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Expanding Institutional-Grade Market Data
Chainlink’s DataLink service will power the initiative, delivering institutional-grade data onchain. With more than $18 trillion in assets tracking Russell indexes globally, this collaboration ensures accurate and verifiable benchmarks are now available for blockchain applications.
The partnership builds on FTSE Russell’s earlier digital asset indexes launched in collaboration with SonarX and Grayscale, which categorize cryptocurrencies by sector and provide institutional investors with standardized benchmarks for the emerging digital market.
Blockchain Adoption Gains Institutional Traction
FTSE Russell joins other major financial institutions embracing blockchain to enhance transparency, settlement speed, and tokenization. JPMorgan, Goldman Sachs, BNY Mellon, and Citigroup have all integrated tokenized assets and stablecoins into their offerings, citing clearer regulatory guidance as a catalyst for adoption.
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As tokenized assets surpass $34 billion in value globally, traditional market participants increasingly explore onchain solutions for private credit, Treasuries, commodities, and equity benchmarks. This trend signals a broader shift toward digitized financial markets.
Unlocking Market Transparency and Efficiency
By publishing benchmark indexes onchain, FTSE Russell and Chainlink are enhancing accessibility and reliability in financial data. Investors can now leverage blockchain to track traditional and digital assets seamlessly, marking a significant evolution in the integration of institutional finance and decentralized technology.
