SGX FX has adopted Chainlink to distribute its institutional over-the-counter foreign exchange data directly to blockchain applications, marking a significant step in bridging traditional FX markets with on-chain finance.
The rollout uses DataLink, a Chainlink-powered institutional-grade service, to deliver benchmark-quality OTC FX trading data across more than 2,600 applications and over 75 blockchains. Initially, spot and 1-month forward rates for major G10, Asian, and emerging market currency pairs will be available.
This integration allows developers and institutions building tokenized assets, structured products, and hedging tools to access reliable, off-chain FX pricing directly on-chain. For Chainlink, the collaboration strengthens its role as the oracle infrastructure connecting traditional financial data to decentralized systems. “We’re excited to see SGX FX adopt Chainlink to bring its institutional FX data onchain as it is a clear milestone in the convergence of onchain finance and the world’s largest markets,” said Fernando Vazquez, President of Capital Markets at Chainlink Labs.
SGX FX serves more than 200 major financial institutions and provides price discovery, hedging, and risk transfer across listed and OTC FX markets. The company’s move into blockchain distribution does not alter its core function but extends its reach into programmable markets. Hugh Whelan, Head of Liquidity Management and Data at SGX FX, noted: “As markets continue to evolve, users are looking for greater flexibility in how and where they access trusted data. Working with Chainlink allows us to support new workflows and use cases while staying aligned with the robust standards our participants expect.”
