- Chainlink DataLink lets SGX FX publish OTC currency feeds for blockchain developers.
- Selected SGX FX feeds cover spot and one-month forward prices for major currency pairs.
- On-chain builders could use SGX FX data for tokenized assets, products, and hedging tools.
Foreign exchange data from institutional venues is moving into blockchain systems. SGX FX partnered with Chainlink to publish OTC currency feeds through DataLink. The service makes selected spot and one-month forward prices available to on-chain developers.
The feed includes major G10, Asian, and emerging market currency pairs. SGX FX said the data is aimed at developers building tokenized assets, structured products, and hedging tools.
SGX FX Uses Chainlink DataLink
DataLink operates as a Chainlink-based service for institutional data vendors. It helps market data providers send their information to blockchain networks through Chainlink infrastructure.
SGX FX said the integration could place its data within reach of more than 2,600 applications across over 75 blockchains. That figure shows Chainlink’s existing network coverage. It does not mean the new SGX FX feed already has confirmed users.
Hugh Whelan, head of management and data at SGX FX, said market users want more options for accessing trusted data. He added that the Chainlink partnership supports new workflows while maintaining the standards expected by participants.
Whelan joined SGX FX last year. Before that, he led EBS Direct at NEX Group for more than ten years and co-founded FXSpotStream.
The agreement puts SGX FX among foreign exchange data providers moving into blockchain-based markets. Other firms have also used Oracle networks to provide FX prices to decentralized applications.
Dev experts’ subsidiary, dxFeed, launched a Chainlink oracle node in April 2021. New Change FX also began providing benchmark and reference FX data through Chainlink that same month.
Both projects targeted developers working on decentralized derivatives, lending markets, and stablecoin protocols. Pyth Network has also expanded as a rival to on-chain pricing systems.
Chainlink Deal Supports Tokenization Push
The Chainlink agreement comes as traditional market firms show growing interest in tokenized finance. The platform has also formed several partnerships that connect institutional finance with blockchain infrastructure.
SBI Group reached a tokenization partnership with Chainlink in August 2025. The agreement covered real estate and bond tokens for institutional users in the Asia-Pacific.
The Abu Dhabi Global Market signed a separate memorandum of understanding with Chainlink in March 2025. That agreement focused on compliant tokenization frameworks.
Fernando Vazquez, president of capital markets at Chainlink Labs, said the SGX FX adoption marked a milestone for on-chain finance and major global markets.
However, SGX FX did not disclose pricing, named customers, or revenue-sharing terms. Demand for OTC FX data in decentralized finance is still uncertain. Most tokenized real-world asset projects have centered on U.S. Treasuries, money market funds, and equities.
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