New Pyth Data Provider: Cumberland DRW
We are excited to announce that Cumberland DRW, a specialized crypto asset trading company, is joining the Pyth Network as we both look forward to advancing the infrastructure available to DeFi applications!
Who is Cumberland DRW?
- Since 2014, Cumberland is a specialized crypto asset trading company within DRW
- DRW is well-established and diversified principal trading firm that has 25+ years of experience in traditional markets
- Cumberland DRW is one of the founders of the DeFi Alliance in 2020 that aims to bring DeFi to a billion users
Cumberland DRW will initially contribute its real-time crypto market data directly on-chain in a sub-second timescale. ‘In doing so, we’re removing the added latency and friction of a middleman. As a firm that has long championed broader transparency, security and fairness in the markets, this is a welcome new way to interact with global markets” said Chris Zuehlke, Partner at DRW and Global Head of Cumberland.
We look forward to further coordinating to establish a digital marketplace of institutional grade, high fidelity financial data to power dApps regardless of their blockchain base.
You can read more about our partnership in the Cumberland DRW press release.
Cumberland DRW Website: https://cumberland.io/
Pyth Network: https://pyth.network/
Previous data providers announcements: