Tradeweb Chainlink will publish Tradeweb FTSE US Treasury Benchmark Closing Prices on-chain via DataLink, giving institutional investors 24/7 verifiable access to real-time treasury benchmark prices for tokenized treasury securities.
Summary
What does Tradewebs partnership with Chainlink change for the Tradeweb FTSE Treasury market?
On Nov. 4, 2025, Tradeweb announced it will make FTSE US Treasury Benchmark Closing Prices available on-chain through Chainlinks DataLink, signalling closer ties between legacy venues and distributed ledger systems.
The move aims to reduce reconciliation errors and support synchronized pricing across cash and tokenized markets. Note: this integration targets institutional workflows and benchmark use, not retail trading.
How will chainlink datalink access support tokenized treasury securities?
Chainlink DataLink will act as the delivery layer for authoritative closing prices, allowing smart contracts to reference the same FTSE benchmark used by institutional counterparties.
That onchain treasury data bridge is intended to lower basis risk for tokenized products that reference the closing price.
How does DataLink publish FTSE US Treasury Benchmark Closing Prices on-chain?
DataLink ingests Tradeweb benchmark outputs, validates them through oracle nodes and writes a verifiable closing-price feed to blockchain networks.
The technical flow preserves the underlying benchmark methodology while creating tamper-evident records for downstream users.
What changes for issuers, custodians and market infrastructure?
Issuers and custodians can anchor valuations and settlement instructions to the same published benchmark, simplifying audits and collateral valuations. Early pilots should focus on operational controls and compliance checks before full-scale deployment.
Who benefits from onchain treasury data and how will treasury benchmark prices be used? In brief,
Primary beneficiaries include asset managers, custodians and platforms issuing tokenized treasury securities that need consistent, market-standard reference prices.
DeFi protocols and risk engines may also reference these feeds where governance and integrations permit.
Publishing FTSE US Treasury Benchmark Closing Prices on-chain via DataLink gives institutions a standardized, verifiable feed to support Tradeweb tokenized finance and reduce frictions between legacy and on-chain settlement systems.
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