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Pyth Network Gains NYSE Market Data Distribution Approval

BSCN avatar BSCN
1 min read
Pyth Network Gains NYSE Market Data Distribution Approval

Pyth Network has been approved to distribute real-time market data from the New York Stock Exchange, covering best quotes and trades from all five NYSE Group equity exchanges. The Level 1 feed provides bid and offer prices, trade information, closing prices and volume data. Clients must obtain a direct license from NYSE to access the data through Pyth's infrastructure.

The PYTH token traded near $0.067 following the announcement, up nearly 5% in 24 hours. Pyth previously gained approval to distribute Nasdaq Basic data, making it the only platform offering licensed feeds from both major US exchange groups. The arrangement targets blockchain applications, tokenized equity platforms and derivatives venues seeking exchange-sourced pricing.

Read the full story on BSC News: Pyth Network Becomes Approved NYSE BQT Data Distributor as PYTH Token Gains Nearly 5%

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