Chainlink has announced a strategic collaboration with FTSE Russell to bring the index provider's benchmark indices on-chain through Chainlink's DataLink service, an institutional-grade data publishing platform. This integration marks the first time FTSE Russell's data—including the Russell 1000, Russell 2000, Russell 3000, FTSE 100 indexes, WMR FX benchmarks, and FTSE Digital Asset Indices—will be directly available on blockchain networks.
With over $18 trillion in assets under management benchmarked against its indices, FTSE Russell's move into the blockchain space represents a significant step in bridging traditional finance and decentralized ecosystems. The data will be accessible across more than 50 public and private blockchains to over 2,000 Chainlink ecosystem applications, facilitating the development of new tokenized financial products like ETFs and data-driven assets.
Fiona Bassett, CEO at FTSE Russell, an LSEG business, commented: "We're excited to bring our index data on-chain using Chainlink's institutional-grade infrastructure. This marks a major step in enabling innovation around tokenized assets and next-generation financial products. DataLink allows FTSE Russell to securely distribute trusted benchmarks across global on-chain markets."
Chainlink co-founder Sergey Nazarov described the partnership as a "landmark moment" for both industries, highlighting its potential to accelerate the creation of regulated, data-backed financial instruments in decentralized markets. DataLink serves as a turnkey solution, leveraging Chainlink's oracle technology, which has facilitated over $25 trillion in transaction value and secures nearly $100 billion in DeFi total value locked (TVL).
In a related development, the U.S. Department of Commerce partnered with Chainlink in August to bring macroeconomic data on-chain, including Real GDP and PCE Price Index, further underscoring Chainlink's role in institutional adoption. Despite the positive news, Chainlink's native token LINK saw a price decline of over 11% in the past 24 hours, trading at $15.29 with heightened sell-side activity.
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