- NCFX partners with Chainlink to deliver FX benchmarks on-chain.
- Regulated FX data becomes accessible to 70+ blockchain networks.
- Integration ensures transparency, compliance, and reliability for users.
New Change FX (NCFX), a UK FCA-regulated leader in FX benchmark data, has officially partnered with Chainlink. The integration enables NCFX’s FX spot and forward benchmarks to be available on-chain via Chainlink DataLink. This collaboration allows over 2,500 applications on more than 70 public and private blockchain networks to access regulated FX pricing.
This adoption introduces traditional financial industry standards into a decentralized platform. Financial institutions and programmers can now benefit from transparent, impartial, and regulatory-compliant pricing information. This plays a critical role in mainstreaming FX information on a blockchain platform.
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Blockchain Adoption Boosts Institutional Financial Data Access
With the rise of blockchain adoption across financial services, high-integrity data ensures scalable institutional participation. By providing reliable FX benchmarks on-chain, NCFX and Chainlink bridge the gap between traditional finance and digital asset markets.
The partnership paves the way for a 24/7 FX feed in Q1 2026. The feed will provide constant mid-exchange rates for both major and emerging market currencies. The rates will come from the real-time crypto market. This is the most transparent and consistent way that exchange rates have ever been determined. This is the kind of information that new financial apps are made of.
Trusted FX data expands developer adoption
By partnering with Chainlink, NCFX utilizes a safe, dependable, and compliant platform. Blockchain networks that utilize data from NCFX benefit from the same level of regulation and integrity that a traditional market would enjoy. This enables high-quality FX data necessary for respective digital financial services, such as tokenized assets, lending, and payment systems. It promotes increased adoption on on-chain markets among financial institutions.
This collaboration signifies an increased trend where regulated financial data is being incorporated within blockchain platforms. With NCFX, institutions can utilize audit-compliant benchmarks, which can be delivered securely within decentralized platforms by Chainlink. This combination perfectly complements the use of reliable FX data.
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