TechFlow News, November 9 — NASDEX, a decentralized stock exchange, has partnered with Chainlink, the decentralized oracle network, to bring Asian stock asset prices on-chain for the first time. NASDEX will leverage Chainlink’s decentralized oracles to price synthetic assets on-chain, helping reduce slippage during minting, trading, and redemption processes, while further ensuring fair settlements and transactions. The first Asian stock asset, Sea Ltd (SE), is now integrated with Chainlink Price Feeds on the Polygon mainnet.
Previously, NASDEX also announced a collaboration with Band Protocol, another leading oracle project. NASDEX stated that “partnering with multiple oracle projects enables more accurate and secure price feeds for our core platform services, further enhancing platform stability and user protection.”
Reportedly, NASDEX is the first decentralized stock exchange focused on the Asian market, aiming to enable users to buy and sell various stocks anytime and anywhere, while enjoying DeFi features such as liquidity mining and staking to achieve higher investment returns.
