dxFeed is proud to announce a partnership with SEDA, aimed at bridging the gap between traditional finance and the onchain economy. This collaboration marks a significant milestone in the evolution of Real-World Asset (RWA) applications, as dxFeed’s comprehensive suite of high-fidelity financial data becomes natively accessible to any protocol connected to the SEDA Network. By deploying a single Proxy Node, dxFeed is now empowering onchain builders with real-time, institutional-grade data—paving the way for more accurate, dynamic, and responsive financial products onchain.
By plugging dxFeed’s broad data catalogue into SEDA, onchain RWA applications can reflect more than just asset price, they can also incorporate an asset’s environment, such as stock-splits and trading environments like a market’s open hours.
“Our integration with SEDA marks a pivotal step in bridging traditional finance and the onchain economy. By making dxFeed’s institutional-grade data accessible to onchain builders – including niche data sets not available elsewhere due to integration costs and demand – we’re unlocking a new era of RWA innovation, where real-time price, corporate actions, and market context can all be reflected onchain with high fidelity,” — said Dmitrii Parilov, Managing Director at dxFeed.
SEDA & Real-World Data | Reflecting Asset Environments Onchain
For RWA builders, the SEDA/dxFeed integration offers a solution to current challenges associated with reflecting real-world environments onchain. Legacy oracle models have enabled developers to bring an asset’s synthetic price reflection onchain, while necessary data points such as corporate actions, trading environments and regulatory information remain disconnected. These challenges stifle the RWA sector’s growth as onchain assets cannot truly reflect a holistic view of a real world asset onchain.
By deploying an Oracle Program on the SEDA Network, builders can access dxFeed’s catalogue to query real-time asset price data, daily corporate action information and mimic a market’s trading window. Use cases unlocked include 24/7 stock trading, dynamic RWA asset deployments that respond to real-world event triggers (like stock-splits), and rapid deployment of new feeds for any data point available via dxFeed in minutes, not months.
“Through our partnership with dxFeed, SEDA enables developers, networks, and financial issuers to seamlessly integrate dxFeed’s institutional-grade data across any blockchain network in minutes. This integration provides access to comprehensive market data and advanced features, enhancing the functionality of real-world assets, perpetual trading, and lending applications. We are proud to collaborate with dxFeed to deliver this robust data infrastructure to the on-chain ecosystem,” — said Peter Mitchell CEO & Co-founder at SEDA.
