New Pyth Data Provider: KGI Securities (Singapore)
We are excited to announce that KGI Securities Singapore, one of the regional offices of KGI Securities, is joining the Pyth Network to provide DeFi participants with institutional grade market data.
Who is KGI Securities Singapore?
- KGI Securities (Singapore) is a pioneer Securities & Derivatives, Trading and Clearing Member of Singapore Exchange as well as a pioneer member of ICE Futures Singapore & ICE Clear Singapore.
- KGI Securities (Singapore) is one of the several regional of KGI Securities Co. Ltd., which is the second largest securities firm in Taiwan in terms of market share of the brokerage business and a wholly owned securities arm of TWSE-listed China Development Financial Holding Corporation.
- KGI Securities (Singapore) is a market leader in a broad range of areas, including brokerage, proprietary trading, and a variety of derivatives products
KGI Securities will initially contribute its real-time FX market data to the Pyth network and will later expand to equity as the network scales. Ken Ong, Chief Executive Officer, KGI Securities (Singapore) said: “We were instantly intrigued by the Pyth network and the way it is leveraging DeFi applications to revolutionize the financial markets. We are eager to contribute our sophisticated FX market data to the network and thereby accelerate the transformation of DeFi applications and our financial ecosystem.”
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 on the KGI Securities (Singapore) in the press release.
KGI Securities Singapore Website: https://www.kgieworld.sg/
Pyth Network: https://pyth.network/
