Pyth Network expands into the $50B market-data space with 24/7 indices

Pyth Network is moving deeper into the more than $50 billion financial market-data arena by rolling out proprietary 24/7 indices spanning metals, oil, and U.S. equity baskets. The network says venues including Coinbase and Kraken are early adopters, while Pyth Pro has surpassed $1 million in annual recurring revenue as it tests whether more institutions will become paying customers.