This wave of blockchain adoption looks different because institutions now have more choice in how market data is distributed and consumed. @WatersTech highlights the growth of Pyth Network and how it’s becoming a bridge between traditional financial infrastructure and programmable markets in the latest Waters Wrap. The feature explores why exchanges, trading firms, and data providers are increasingly blending the strengths of TradFi and DeFi, and how Pyth is giving institutions a new distribution layer for trusted market data. “[Exchanges] all see this as: How do I either build, buy, or partner to make myself future-proofed in a blockchain world?” — @mdomcahill, CEO of Douro Labs The Pyth Data Marketplace gives institutions a direct distribution layer into programmable markets while preserving control over attribution, access, and pricing. More from Pyth Data Marketplace launch partners Tradeweb and Euronext FX in the WatersTechnology feature: