Michael James, the head of institutional business development at Douro Labs — the company that developed the Pyth high-speed blockchain oracle network — told Cointelegraph that oracle networks like Pyth are disrupting the $50 billion financial data industry that provides critical price information to exchanges, brokerages, trading firms, and other institutional entities.
In an interview at Consensus 2025, the executive said that data-ct-non-breakable=”null” href=”https://cointelegraph.com/explained/what-is-pyth-network-pyth” rel=”null” target=”null” text=”null” title=”null”>Pyth Network’s data pull model sets it apart from traditional pricing oracles, allowing customers to pay for data on…
