Pulsar and Pyth Network Collaborate to Enhance Cryptocurrency Price Data Availability

ROAD TOWN, British Virgin Islands, July 11, 2023 /PRNewswire/ -- Pulsar, a leading proprietary and algorithmic trading firm specializing in cryptocurrency trading and market making, is delighted to announce its partnership with Pyth Network as a publisher for low latency price data. As a crypto-native market maker since 2014, Pulsar understands the importance of price discovery through advanced innovation and technology. By integrating Pulsar's real-time price data with Pyth's platform, Pulsar will provide the web3 community with critical information to navigate and make proper investment decisions.

Pyth Network has solidified its position as the industry-leading oracle for low-latency financial data, boasting a vast array of more than 275 price feeds available at sub-second frequencies across over 25 blockchain ecosystems. The network comprises top-tier market makers, trading firms, and exchanges globally, who actively contribute price data for various asset classes, including FX, US equities, metals, and cryptocurrencies. The integration of Pulsar as a publisher on Pyth Network further reinforces Pyth's dedication to providing accurate and timely financial data to blockchain ecosystems.

"Data transparency is crucial to an efficient market. We are excited to partner with Pyth to empower the community with real-time cryptocurrency price data and unleash the potential of the digital asset industry." said Jacky Chung, CEO of Pulsar.

Abhimanyu Bansal, Contributor for the Pyth Data Association said, "As a key player in the blockchain data space, Pulsar's integration with the Pyth network strengthens our collective mission of democratizing access to high-quality data. By combining our expertise and resources, we are poised to unlock unprecedented opportunities for blockchain developers, enterprises, and users alike."

About Pulsar

Pulsar is a leading proprietary and algorithmic trading firm specializing in cryptocurrency trading and market making. Founded in 2014 as an early adopter, it has established an extensive connection with 60+ CeFi and DeFi crypto exchanges globally, and supports 600+ trading pairs across spot, futures and options.

Combining cutting-edge low latency technologies, in-depth crypto market intelligence and deep learning capabilities, Pulsar is dedicated to providing liquidity and increasing efficiency in global markets. To accelerate the growth of the digital asset and blockchain industry, it also provides venture capital and market insights to early stage infrastructure companies or projects.

For more information or to explore business partnership opportunities, please visit pulsar.com or contact bd@pulsar.com

LinkedIn: Pulsar

Twitter: @PulsarTrading

About Pyth Network

Pyth Network is a first-party financial oracle network designed to publish continuous real-world data on-chain in a tamper-resistant, decentralized, and self-sustainable environment. The network incentivizes market participants — exchanges, market makers, and financial services providers — to share directly on-chain the price data collected as part of their existing operations. The network then aggregates this first-party price data on-chain and makes it available to either on- or off-chain applications. More details are available here: the website, whitepaper and docs.

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SOURCE Pulsar