back20 Jul 20221 min read
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New Pyth Data Provider: bitbank

We are proud to have bitbank, one of the largest and most trusted cryptocurrency exchanges in Japan, joining the Pyth Network. bitbank will contribute its real-time market data for crypto assets.

Who is bitbank?

  • bitbank is a certified cryptocurrency exchange in Japan, serving more than 550,000 users and 30 available trading pairs, with approximately 20~30% spot-volume share domestically.
  • bitbank traded an average monthly volume of 3.7 billion yen in 2018 and 7.2 billion yen in 2021 with 50~70% volume share for altcoins among Japanese crypto exchanges
  • bitbank is ISMS certified and abiding by every financial regulation standard prescribed by the Japanese FSA.

"Timely and transparent data is the cornerstone of creating a thriving ecosystem in the financial space," said Noriyuki Hirosue, the founder and CEO of bitbank. "We believe that the Pyth Network has the potential to deliver a dependable market data infrastructure in DeFi, and are looking forward to taking part in the initiative."

We look forward to further coordinating with many amazing partners to establish a digital marketplace of institutional grade, high-fidelity financial data and power any financial dApps regardless of their blockchain base.

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