30-7-2025 – Pyth Network, a decentralized oracle platform, has launched real-time price feeds for 85 major Hong Kong stocks, making $3.7 trillion in market data accessible across over 100 blockchains. First reported by Cointelegraph, the feeds, updated every 400 milliseconds, are sourced from institutional-grade venues, enabling global traders and developers to tap into Asia’s key equity market without traditional barriers like costly terminals or regional licenses.
The service covers banking, insurance, energy, and Chinese tech giants, offering data for trading strategies, tokenized portfolios, and fintech apps. Pyth’s network, which already supports over 1,300 price feeds for assets like U.S. equities and cryptocurrencies, now integrates Hong Kong’s market into DeFi ecosystems, including Ethereum and BNB Chain, enhancing transparency and accessibility.In a parallel development, Centrifuge has partnered with S&P Dow Jones Indices to bring the S&P 500 Index onchain, a first in blockchain finance. This collaboration introduces a proof-of-index system, allowing licensed asset managers to create programmable, transparent S&P 500 index funds.
Web3-native Anemoy Capital will launch the first such fund, leveraging Centrifuge’s infrastructure to blend institutional standards with DeFi’s 24/7 availability. These milestones signal growing convergence between traditional finance and blockchain, with Pyth and Centrifuge bridging legacy markets and decentralized systems.Â
