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Pyth Network and Coinbase Collaborate to Revolutionize Crypto Asset Pricing

by aria-crypto.com

March 6, 2025 at 18:27


Pyth Network and Coinbase Collaborate to Revolutionize Crypto Asset Pricing



Pyth Network has entered a strategic partnership with Coinbase International Exchange, aimed at transforming crypto asset pricing through their new integration, "Pyth Lazer". This cutting-edge technology promises to deliver market truth with updates at one-millisecond intervals, catering to institutional needs. Market insiders anticipate that this enhanced speed and precision in asset pricing will support the burgeoning growth of cryptocurrency trading. Marc Zeitouni, the CEO of Coinbase International Exchange, emphasized that this collaboration will elevate the trading experience by providing more accurate pricing data swiftly. Beyond this partnership, Coinbase has demonstrated substantial growth, managing over $420 billion in digital assets, surpassing major traditional banks. CEO Brian Armstrong envisions Coinbase evolving into an all-encompassing financial powerhouse, potentially paving the way for cryptocurrencies to occupy a larger share of global GDP. Despite these advancements, challenges like high transaction fees and complex wallet setups persist, which Coinbase aims to address to facilitate mainstream crypto adoption.


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