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The U.S. Securities and Exchange Commission (SEC) has emphasized the necessity for improved data access for retail investors, particularly in the context of managing $28 trillion in mutual and exchange-traded funds. Current regulatory frameworks are deemed inadequate for providing timely fund portfolio data. Industry experts highlight that blockchain oracles, specifically Chainlink, could play a pivotal role in addressing these data access challenges. Chainlink's technology is recognized for its potential to deliver real-time data, which could enhance transparency and efficiency in the investment landscape. Notably, Ryan Leshner, CEO and founder of Superstate Funds, acknowledged that Chainlink is instrumental in solving critical issues related to data accessibility.
#ICYMI: SEC calls for better data for retail investors but fails to identify oracles like Chainlink are the solution Read the full article 👇 https://t.co/FagYpRQPdG https://t.co/IJQkbEhgY6
SEC’S DATA ACCESS DILEMMA: BLOCKCHAIN ORACLES TO THE RESCUE? The SEC has stressed the need for retail investors to access fund portfolio data more quickly, but its current regulatory framework might not fully address this issue. With $28 trillion in mutual and exchange-traded… https://t.co/NW4eoJHnBj
SEC’S DATA DRAMA: CHAINLINK’S GOT THE FIX The SEC’s pushing for quicker fund data, but current updates are way behind. With $28 trillion in play, outdated info is a big problem. Chainlink’s blockchain oracles are the real MVPs here, bridging real-time data straight to the… https://t.co/w3cJxfnIXN
