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Pyth announces support for real-time price data for the UK FTSE 100 Index

Online reports that Pyth Network, a decentralized oracle solution, announced its support for real-time price data on the UK's FTSE 100 Index, which covers the top 100 companies by market capitalisation on the London Stock Exchange. Anyone can easily access the on-chain price data of these companies, including global banks and insurance companies, energy giants and industrial companies, household names and manufacturers, etc. These data sources are provided by institutional market participants, updated every 400 milliseconds, and released in real time on more than 100 blockchains, further bringing traditional asset trajectories to programmable finance, helping developers build more complex and more accurate applications. Applications, unlock new use cases such as structured products, RWAs, asset tokenization, and on-chain market intelligence. It is reported that Pyth Network has supported 100+ blockchains and provided more than 1500+ real-time price data feeds. Under the vision of a "global universal price layer", Pyth Network aims to realize that everything prices are linked to the chain, and at the same time has decentralization, timeliness, accuracy, security, transparency and low-cost advantages have further become an important force in promoting the transformation of the global financial system.

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