Nasdaq is expanding the distribution of one of its flagship stock market data products by making its TotalView feed available through the Pyth Network’s blockchain-based data marketplace, marking another step in the integration of traditional financial market infrastructure with decentralized technology.
The initiative is expected to give developers, institutional investors, and financial technology providers access to Nasdaq’s market data through blockchain-enabled infrastructure, broadening the ways in which professional trading information can be consumed beyond conventional market data terminals and dedicated distribution channels.
Under the partnership, Nasdaq will distribute its TotalView market data through Pyth Network’s blockchain-powered data marketplace, extending institutional-grade equity market information to decentralized financial applications and software developers.
Comprehensive Market Data to Reach Blockchain Developers
TotalView is one of Nasdaq’s primary equity market data products, providing a complete view of the exchange’s order book. The service displays buy and sell orders across every available price level for securities traded on Nasdaq, allowing market participants to assess liquidity and market depth in real time.
In addition to Nasdaq-listed securities, the data feed also includes trading information for stocks listed on the New York Stock Exchange and various regional exchanges, offering users a broader view of U.S. equity markets.
Another component of the TotalView service is Nasdaq’s Net Order Imbalance Indicator, which supplies real-time information on buy and sell order imbalances during pre-market opening and market-closing auction periods. The indicator is widely used by institutional market participants to monitor order flow ahead of significant trading events.
Through the new arrangement, these datasets will become available via Pyth Network’s marketplace, which distributes institutional-quality financial information to blockchain networks, decentralized applications, and software developers building financial products.
🚨 BREAKING: Nasdaq selects Pyth for data distribution.
The exchange behind the opening bell is now distributing its market data through the Pyth Data Marketplace.
One of the most recognized names in global finance. Now on Pyth. 🧵 pic.twitter.com/IGK9PeJLo9
— Pyth Network 🔮 (@PythNetwork) June 30, 2026
Supporting Blockchain-Based Financial Applications
The collaboration reflects a broader industry trend in which financial institutions are increasingly exploring blockchain infrastructure for trading, settlement, and data distribution. By making TotalView available through a decentralized marketplace, Nasdaq is expanding its data delivery model to support emerging blockchain-based financial ecosystems alongside traditional distribution methods.
Nasdaq joins data providers that already include the US Department of Commerce, Kalshi, Euronext, SGX FX, Tradeweb, and more.
That makes the Pyth Data Marketplace one of the most complete financial data layers available.
— Pyth Network 🔮 (@PythNetwork) June 30, 2026
The integration is expected to enable developers and institutional users to access detailed order book information for market depth analysis, execution optimization, and the development of quantitative trading strategies using blockchain-connected infrastructure.
Pyth Network said the availability of TotalView data will allow users to incorporate high-quality equity market information into applications requiring accurate and timely pricing, including trading systems, financial analytics platforms, and decentralized finance solutions.
For Nasdaq, the agreement broadens the reach of one of its most important market data offerings by making it accessible within cloud-based software environments and blockchain-enabled applications, where demand for institutional-grade financial data continues to grow.
Expanding an Institutional Data Marketplace
Pyth Network has continued to expand its marketplace by incorporating data from established financial institutions and exchanges. Alongside Nasdaq, the platform already distributes market information from organizations including Tradeweb, Singapore Exchange, OTC Markets, Kalshi, and the U.S. Department of Commerce.
The addition of Nasdaq TotalView further strengthens Pyth Network’s institutional data marketplace while highlighting growing collaboration between traditional financial exchanges and blockchain-based technology platforms.
As financial firms continue to develop applications using distributed ledger technology, access to trusted market data is expected to become increasingly important for trading, analytics, and settlement services. The partnership between Nasdaq and Pyth Network reflects the ongoing convergence of conventional capital markets and blockchain infrastructure, providing developers and institutional participants with expanded access to professional-grade market information through decentralized distribution channels.
