Nasdaq brings TotalView market data onchain

• Nasdaq partnered with Pyth to distribute its TotalView market data to blockchain applications and software platforms.
• The agreement gives blockchain developers access to Nasdaq's depth-of-book market data through a single integration.
• The partnership expands Nasdaq's digital asset strategy as the exchange continues investing in blockchain infrastructure and crypto products.

Nasdaq selected Pyth to distribute its TotalView market data feed to blockchain applications, digital asset exchanges and other software platforms through Pyth's onchain marketplace.

The partnership initially covers Nasdaq TotalView, which provides full depth-of-book data, including all displayed buy and sell orders across every price level and order imbalance information for opening and closing auctions.

“According to Pyth, the marketplace gives software applications access to first-party market data through a single integration.”

Pyth said the service is designed for blockchain applications, prediction markets, trading systems and digital asset exchanges, while Nasdaq joins data publishers including Euronext, OTC Markets, Tradeweb, Kalshi, Exchange Data International, Singapore Exchange and the US Department of Commerce.

The agreement expands Nasdaq's blockchain strategy following recent digital asset initiatives, and following the announcement Nasdaq shares had no reported material market reaction.

Nasdaq has recently partnered with Kraken and Backed on tokenisation infrastructure, received approval to list Bitcoin (CRYPTO:BTC) index options linked to the Nasdaq Bitcoin Index, and collaborated with CME Group on cryptocurrency index futures.

Meanwhile, Intercontinental Exchange has expanded its digital asset strategy through a partnership with OKX on perpetual futures and has urged regulators to permit traditional exchanges to offer regulated 24/7 onchain perpetual futures.

At the time of reporting, Bitcoin price was $58,108.39.