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May 7, 2025, 9 p.m.
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Pyth Network and Integral Partner to Bring Institutional FX Data On-Chain

Brief news summary

Pyth Network and Integral have partnered to integrate Integral’s backend infrastructure with Pyth’s decentralized oracle network, enabling institutional foreign exchange (FX) data to be brought on-chain. This collaboration allows Integral’s clients—including major banks, brokers, and cross-border payment firms—to seamlessly publish high-quality market data without additional setup. By managing data hosting and transmission, Integral eliminates the need for system changes and replaces costly legacy models with transparent, decentralized solutions that offer real-time access, broader symbol coverage, and reduced costs. Serving institutions such as Mizuho and Raiffeisen Bank, the partnership also enables these financial firms to participate in Pyth’s reward programs, enhancing price feed accuracy for developers and decentralized applications worldwide. In early 2025, Integral expanded into West Africa by supporting Access Bank Nigeria with FX solutions that improve liquidity aggregation and pricing tools. This initiative aims to transform the FX data ecosystem by making institutional market data accessible to decentralized networks, fostering greater transparency and inclusivity.

The partnership between Pyth Network, a decentralized data feed provider, and Integral, a global currency market infrastructure provider, enables institutional foreign exchange (FX) data pipelines to be brought on-chain by leveraging Integral’s backend infrastructure. Integral’s system allows its institutional clients—including banks, brokers, and cross-border payment companies—to become data publishers on Pyth with no added setup. Integral hosts and transmits the data on behalf of these firms, simplifying the process of contributing high-quality data without the need to overhaul existing systems. Integral supports the FX operations of hundreds of institutions such as Mizuho, Raiffeisen Bank, and Pictet. This collaboration marks a significant step in the evolution of market data, moving away from traditional gated, costly models toward decentralized systems like Pyth that provide transparency, broader symbol coverage, and real-time access at reduced costs. Historically, financial institutions held vast, valuable market data that was siloed or sold at premium prices.

Through the Pyth–Integral model, these institutions can actively participate by publishing data feeds directly to Pyth’s oracle network and benefiting from reward mechanisms. This contribution enhances the accuracy, depth, and reliability of price feeds accessible to developers, traders, and decentralized applications worldwide. Integral has also expanded globally; earlier in the year, Access Bank Nigeria integrated Integral’s FX solutions to improve currency trading and support regional growth across West Africa. The Nigerian bank adopted Integral’s suite—including liquidity aggregation, pricing engines, and distribution tools—to white-label FX services for affiliate banks and provide branded trading interfaces throughout its regional network. Harpal Sandhu, Integral’s CEO, noted that this partnership would optimize pricing and distribution, elevating FX trading services for Access Bank’s clients. About the Author: Jared Kirui is a seasoned financial journalist specializing in forex and CFDs, with 1, 892 published articles and 34 followers. Finance Magnates offers a daily update delivering top financial news directly to subscribers’ inboxes, helping readers stay informed and ahead. The site adheres to Google’s Privacy Policy and Terms of Service via reCAPTCHA protection.


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