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Cboe Takes Step Into DeFi by Posting Free Market Data on Pyth

  • First major exchange to contribute market data on Pyth Network
  • Move comes as Cboe builds out crypto business with partners
Cboe Global Markets Inc. building in Chicago, Illinois.

Cboe Global Markets Inc. building in Chicago, Illinois.

Photographer: Daniel Acker/Bloomberg
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Cboe Global Markets Inc. is making some real-time market data freely available over blockchain, as the exchange operator makes its entry into decentralized finance.

The Chicago-based firm is joining the Pyth Network, the Jump Trading Group-backed decentralized publisher of crypto and other market data, as a contributor. It will provide data of 10 equities starting in the fourth quarter.