Chainlink Becomes the Official Oracle Provider for the S&P Digital Markets 50 Index

Chainlink announced on Wednesday that S&P Dow Jones Indices and Dinari have selected Chainlink as the official oracle provider for the S&P Digital Markets 50 Index, powering official index values and live token prices for the multi-asset index.

The integration on Avalanche includes Chainlink Price Feeds and SmartData—including Proof of Reserve, NAVLink, and SmartAUM—with plans to integrate Data Feeds and the Automated Compliance Engine (ACE).

The S&P Digital Markets 50 Index is the first tokenized benchmark combining U.S. equities and digital assets. Chainlink will deliver critical pricing data and official index values to DeFi platforms supporting the S&P Digital Markets 50.

Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is up 0.4% over the past 24 hours and is trading at $14.90 at press time.