TechFlow News, October 24 — MBIT, a digital asset trading firm and cryptocurrency liquidity provider under the MCAP Group, announced it has joined Pyth Network as a data publisher. MBIT will supply Pyth with institutional-grade real-time market data covering a wide range of digital asset product pairs, aligning perfectly with its mission to bring greater liquidity and transparency to the crypto market.
"We believe highly reliable data delivered with sub-second latency is critical for the ongoing development of blockchain and Web3 applications. Pyth Network is rapidly expanding to meet this demand, and we're excited to collaborate," said David Menn, CEO of MCAP Inc. To date, Pyth Network's publisher network includes over 75 leading global financial institutions, exchanges, and other first-party data providers, with more than 60 protocols and off-chain applications actively utilizing Pyth price feeds.
