New Pyth Data Provider: KuCoin
May 30, 2022
Welcome KuCoin, a leading global cryptocurrency exchange, to the Pyth Network. With this partnership, KuCoin will contribute price data directly from its platform on-chain.
Who is KuCoin?
Launched in September 2017, KuCoin is a global cryptocurrency exchange.
KuCoin offers over 700 digital assets and provides spot trading, margin trading, peer-to-peer fiat trading, futures trading, staking, and lending services to its 18 million users in 207 countries and regions.
In 2022, KuCoin raised over $150 million in investments through a pre-Series B round, bringing total investments to $170 million at a total valuation of $10 billion.
"Bringing real-world data on-chain is one of the core infrastructural tenants of DeFi," said KuCoin CEO Johnny Lyu. "We look forward to building a more transparent on-chain data marketplace in the blockchain industry through Pyth network as a key partner, which will help to create a new DeFi world that is more collaborative and open and accelerates crypto to mass adoption."
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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