Pyth Becomes External Distributor of Nasdaq Basic
Pyth has been approved as an external distributor of Nasdaq Basic, allowing Nasdaq’s real-time U.S. equity quote and trade product to be distributed through the Pyth Data Marketplace.
Nasdaq Basic provides real-time top-of-book data across all U.S. exchange-listed securities, including best bid/offer and size, last sale price and size, plus Nasdaq Official Opening and Closing Prices.
The product is already used by brokerages, banks, fintech platforms and consumer investing apps that need real-time U.S. equity data without the cost structure of consolidated alternatives.
Through Pyth’s Data Marketplace, software and blockchain-native applications can access Nasdaq Basic through a single distribution channel, while Nasdaq retains attribution and commercial control. Clients must receive prior written approval from Nasdaq before consuming the market data feed.
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