NYSE Selects Pyth. $PYTH Gets Wall Street Validation 📈
The RWA conversation around $ONDO has been focused on bringing traditional assets into crypto. What caught my attention today is that the New York Stock Exchange has chosen Pyth to distribute its real-time equity data.
That's a serious institutional endorsement.
NYSE BQT is now available through the Pyth Data Marketplace, bringing real-time quotes and trades from all five NYSE Group equity exchanges into a distribution channel built for financial applications.
I would pay particular attention to who made this decision.
NYSE is the institution behind some of the world's most recognizable publicly traded companies. Its Head of Data and Digital Asset Products explicitly connected the Pyth collaboration to NYSE's commitment to bringing trusted market infrastructure into the digital asset era.
And this happened shortly after Nasdaq Basic became available through Pyth.
The commercial picture makes it even more interesting. Pyth reported $13.67M in ARR for October, an 18.9% monthly increase, with 332 paying accounts.
Meanwhile, the DAO's 100% Rule commits all funds it receives from Pyth products toward PYTH Reserve accumulation.
I see NYSE selecting Pyth as a major credibility milestone for a data business that's already growing quickly.
Wall Street is increasingly choosing the infrastructure built for software-driven finance.
#Altcoin Season# #RWA
The RWA conversation around $ONDO has been focused on bringing traditional assets into crypto. What caught my attention today is that the New York Stock Exchange has chosen Pyth to distribute its real-time equity data.
That's a serious institutional endorsement.
NYSE BQT is now available through the Pyth Data Marketplace, bringing real-time quotes and trades from all five NYSE Group equity exchanges into a distribution channel built for financial applications.
I would pay particular attention to who made this decision.
NYSE is the institution behind some of the world's most recognizable publicly traded companies. Its Head of Data and Digital Asset Products explicitly connected the Pyth collaboration to NYSE's commitment to bringing trusted market infrastructure into the digital asset era.
And this happened shortly after Nasdaq Basic became available through Pyth.
The commercial picture makes it even more interesting. Pyth reported $13.67M in ARR for October, an 18.9% monthly increase, with 332 paying accounts.
Meanwhile, the DAO's 100% Rule commits all funds it receives from Pyth products toward PYTH Reserve accumulation.
I see NYSE selecting Pyth as a major credibility milestone for a data business that's already growing quickly.
Wall Street is increasingly choosing the infrastructure built for software-driven finance.
#Altcoin Season# #RWA
