SGX FX adopts Chainlink 18 May 2026Singapore Reporter: Zarah Choudhary
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SGX FX has adopted Chainlink to expand access to its over-the-counter foreign exchange (OTC FX) data and support broader distribution of institutional market information.
The company is using Chainlink’s DataLink service to make its OTC FX trading data available to blockchain-based markets.
According to the firms, this will allow SGX FX to distribute its benchmark FX data across more than 2,600 applications operating on over 75 blockchains.
The initial rollout includes spot and one-month forward rates for major G10, Asian, and emerging market currency pairs.
The move is intended to support the use of institutional-grade FX data in decentralised finance, including applications involving tokenised assets, structured products, and hedging workflows.
SGX FX said the collaboration extends the reach of its market data into onchain ecosystems while maintaining the reliability standards expected by institutional market participants.
Hugh Whelan, head of Liquidity Management and Data at SGX FX, says: “As markets continue to evolve, users are looking for greater flexibility in how and where they access trusted data. Working with Chainlink allows us to support new workflows and use cases while staying aligned with the robust standards our participants expect.”
Fernando Vazquez, president of Capital Markets at Chainlink Labs, adds: “We’re excited to see SGX FX adopt Chainlink to bring its institutional FX data onchain as it is a clear milestone in the convergence of onchain finance and the world’s largest markets. This is how our industry advances to the next level and powers the future of finance.”
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