[Singapore, 08 Jun 2023] — LTP, a leading prime broker for sophisticated investors in the digital asset space, is excited to be the latest data provider to Pyth Network, a revolutionary platform for real-time market data available on- as well as off-chain. Through the collaboration, Pyth and LTP will continue to improve the quality of tools and information flow native to the digital asset industry by optimizing access to high-quality market data, which is a foundational building block of trading and information systems.
LTP’s provision of essential market data will initially focus on digital assets, with the intent to expand to include traditional assets in the future. By combining Pyth’s groundbreaking real-time data capabilities with LTP’s lightning-fast processing and delivery through RapidMarket, market participants will have access to timely, accurate, and actionable information to make informed trading decisions.
Pyth network has established itself as the leading oracle solution for financial data, with more than 85 data providers contributing real time prices across asset classes including FX, Equities and Commodities, in addition to Crypto. These data feeds are available on more than 20 blockchains including Ethereum, BNB Chain, Optimism, Arbitrum among others.
“We are delighted to join forces with Pyth,” said Jack Yang, Founder and CEO of LTP. “Pyth’s commitment to improving liquidity and market efficiency aligns perfectly with our mission. By integrating our advanced market data systems with their offering, we aim to empower market participants with the tools they need to navigate the rapidly evolving digital asset landscape.”
“We are excited that LTP, a leading industry participant, has joined the group of other pioneers on Pyth network with the common goal of improving oracle services and providing reliable, high quality financial data for the web3 ecosystem,” said Abhimanyu Bansal, Contributor for the Pyth Data Association.
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Kayla Sim
About LTP:
LTP, or LiquidityTech Protocol, is a leading prime broker for sophisticated investors in the digital asset space. With extensive optimized infrastructure and crypto-native experience, LTP offers a comprehensive suite of professional services that enable traders to efficiently access the breadth of CeFi and DeFi liquidity in a fast, low-cost, and secure manner.
For more information or to trial LTP’s services, please visit www.liquiditytech.com or contact BD@liquiditytech.com.
LinkedIn: LTP | LiquidityTech Protocol
Twitter: @LTP_primebroker
About Pyth Network
Pyth Network is a first-party financial oracle network designed to publish continuous real-world data on-chain in a tamper-resistant, decentralized, and self-sustainable environment. The network incentivizes market participants — exchanges, market makers, and financial services providers — to share directly on-chain the price data collected as part of their existing operations. The network then aggregates this first-party price data on-chain and makes it available to either on- or off-chain applications. More details are available here: the website, whitepaper and docs.
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