Wall Street trading-tech is coming to crypto as DoubleZero rolls out high-speed data for Solana

The project, called DoubleZero Edge, offers a real-time feed of raw data from the Solana blockchain, giving traders faster access to information that can influence prices.

What to know:

• DoubleZero, a network focused on speeding up blockchain data for traders, has launched a new platform called DoubleZero Edge that delivers faster real-time data from Solana, aiming to bring Wall Street-style infrastructure to crypto markets.
• By using a dedicated fiber network instead of the public internet, the platform reduces delays in data delivery and introduces a new model where Solana validators can earn revenue by supplying market data to subscribers.

DoubleZero Foundation, a project building high-speed data infrastructure for blockchains like Solana, has rolled out a new platform to speed up how trading firms access crypto market data — a sign of growing demand for Wall Street-style systems in digital asset markets.

The project, called DoubleZero Edge, went live on Thursday. Its first offering is a real-time feed of raw data from the Solana blockchain, giving traders faster access to information that can influence prices.

Solana, a high-speed blockchain popular with traders, produces large amounts of real-time data as transactions are processed. DoubleZero plugs into that system by working with validators to distribute it more quickly to market players.

Unlike traditional finance, where exchanges rely on specialized networks to deliver data at high speed, crypto markets still largely depend on the public internet: a setup that can introduce delays and inconsistencies. DoubleZero is trying to change that by building a dedicated system designed specifically for onchain data.

According to the company, the new network can shave tens of milliseconds off data delivery times, with bigger gains during periods of heavy network activity. For high-frequency trading firms, even small speed improvements can translate into a competitive edge.

The platform works by sending data over a private fiber network using multicast, a method commonly used in traditional financial markets to simultaneously distribute data to multiple participants.

Beyond speed, DoubleZero is also pitching a new economic model. Validators on the Solana network can earn additional revenue by supplying data to the platform, while traders pay to subscribe to the feeds using USDC.

The launch comes as crypto trading firms increasingly seek more reliable, predictable infrastructure, particularly as competition intensifies and margins tighten. DoubleZero says its system could help level the playing field by reducing uncertainty in how quickly market data reaches participants.

“Traditional finance has spent decades building infrastructure where speed and deterministic performance are a real competitive advantage,” said Andrew McConnell, a co-founder of DoubleZero, in a press release shared with CoinDesk. “On-chain markets didn't get that foundation, which left even sophisticated trading firms working on uneven ground. Deterministic infrastructure removes a risk market makers have to price in, which leads to tighter spreads and better execution.”

Read more: A former Solana exec is taking a page out of Wall Street playbook to make global crypto trades faster

More For You

A new zero-knowledge-powered system enables shielded bitcoin transactions, reflecting a broader push across crypto to address the “privacy gap” keeping institutions off public blockchains.

What to know:

• VerifiedX has launched “Prism,” enabling confidential Bitcoin transactions via vBTC and its VFX token.
• The move comes as institutions increasingly demand privacy-preserving blockchain tools, highlighted by recent XRP Ledger upgrades.
• Zero-knowledge proofs allow transactions to remain verifiable without exposing sensitive data.

VerifiedX brings privacy layer to Bitcoin as institutional demand for confidentiality grows

1 min. ago

CoinDesk 20 performance update: Ethereum (ETH) price drops 1.3% as index trades lower

40 minutes ago

Drift gets $148 million funding from Tether and partners as it replaces Circle stablecoin with USDT after massive exploit

1 hour ago

Keep an eye on XRP, Plasma, DOGE as bitcoin drifts

2 hours ago

Bitcoin funding rates hit most negative since 2023, history suggests bottom is in

2 hours ago

Bitcoin holds near $75,000 as short-term holders look for profit opportunities

3 hours ago

The cheapest bitcoin ETF yet: Morgan Stanley uses 0.14% fee to draw $100 million in first week

4 hours ago

Bitcoin rally is taking a breather near $75,000. Onchain data shows why

8 hours ago

Buying coffee with bitcoin is easy, the resulting tax burden is not

5 hours ago

Bitcoin devs bet a quantum attacker will play nice with a ‘wait and react’ plan

9 hours ago

Ripple partners with Korea's Kyobo Life to tokenize government bond settlement

8 hours ago

Bitcoin's quantum debate splits as Adam Back pushes optional upgrades over forced freeze

8 hours ago