Pyth Network PYTH$0.068+1.4% is now a distributor of real-time stock market data from the New York Stock Exchange. Through the Pyth Data Marketplace, Pyth delivers NYSE BQT, the exchange group's live feed of best quotes and trades for US stocks and ETFs across all five NYSE Group equity exchanges, according to Pyth's 11 November announcement.
The deal follows Pyth becoming an approved external distributor of Nasdaq Basic in September. With NYSE added, the oracle network now carries real-time US equity products from both NYSE and Nasdaq.
What NYSE BQT includes: top-of-book quotes from five exchanges
NYSE BQT (Best Quote and Trades) is a Level 1 product: it shows the best price buyers and sellers are currently offering for a stock, plus trades as they happen, rather than the full queue of orders behind them. NYSE's own product page describes it as a consolidated feed giving "a unified view of quotes and trades" from the group's exchanges. Pyth lists the feed's contents as:
- best bid and offer, with size, from NYSE, NYSE American, NYSE Arca, NYSE National and NYSE Texas
- real-time trades and last sale, including reports from the NYSE Trade Reporting Facility
- closing prices from each stock's primary market, and consolidated volume
- market status messages covering trading halts, resumptions and short sale restrictions
A post in Pyth's announcement thread on X says the launch "is about top-of-book coverage, not depth-of-book data." That marks the line against the deeper product Pyth already distributes: in June, Nasdaq selected Pyth to distribute TotalView, which shows buy and sell interest at every price level.
How exchange data licensing works on the Pyth Data Marketplace
An app that wants NYSE BQT through Pyth signs its licence with NYSE, and Pyth delivers the data. "Clients license NYSE BQT directly with NYSE and receive it through Pyth, subject to NYSE's market data policies and applicable agreements," Pyth's announcement states. Prices are not published in the announcement; each app's cost is set by its agreement with NYSE.
The model matches the one Pyth used for Nasdaq Basic, where clients also license directly with the exchange. A comparison from outside crypto fits: Pyth is acting like a cable company that carries a channel, while the broadcaster still decides who may watch and on what terms.
Anthony Zawadzki, Head of Data and Digital Asset Products at NYSE, framed the deal around data quality. "As financial markets increasingly move onchain, the quality and integrity of the underlying data matter more than ever," he said in Pyth's announcement, adding that the collaboration "gives builders and institutions a new way to access NYSE data."
Pyth pitches the feed at "traders, financial applications and blockchain-native markets." The Data Marketplace itself lets institutions publish their own data through Pyth on their own terms; when Pyth launched it earlier this year, its first publishers included Euronext FX, Fidelity Investments, SGX FX and Tradeweb.
Real-time stock quotes beside tokenized stocks and equity perps
The most direct use Pyth describes is beside onchain versions of US stocks. "Venues listing equity perps and tokenized stocks on Pyth Pro can show their users the NYSE quote and last sale beside the instrument they trade," the announcement says. For the hours NYSE is shut, Pyth points to its own Pyth Indices, which price US equities 24/7.
On Solana, where Pyth's PYTH token is issued, the list of tokenized stocks keeps growing. In the past fortnight alone, Securitize added ExxonMobil, Disney and Salesforce to its Solana lineup and xStocks AAPLx$354.02+1.5% added UK and EU names such as HSBC and LVMH across chains including Solana. A trader holding a tokenized NYSE-listed stock on Solana could, through a venue that licenses BQT, see the exchange's own live quote next to the token's onchain price.
Pyth Network ARR and its exchange data deals
The NYSE deal adds to a market data business that Pyth Network reports on monthly. Pyth's October 2026 report put annual recurring revenue at $13.67 million, up 18.9% from $11.49 million in September, across 332 paying accounts, as we covered on 3 November.
Things to watch from here: which tokenized-stock and equity-perps venues, on Solana or elsewhere, take up a BQT licence through Pyth, and whether NYSE follows Nasdaq in adding depth-of-book data to the Pyth Data Marketplace.
