According to Odaily, Aleno, a DeFi native asset service company based in Paris, has announced its partnership with Pyth Network. As part of the Pyth data provider community, Aleno will contribute its data to enhance the security of Pyth's price oracle.
Aleno provides services to DeFi asset managers, financial managers, blockchain companies, and institutions. This collaboration is expected to strengthen the Pyth Network's data provision capabilities, given Aleno's expertise in the DeFi sector.
The Pyth Network is a decentralized financial data distribution platform. It relies on data providers like Aleno to ensure the accuracy and security of its price oracle. This partnership is a significant step towards improving the robustness of the Pyth Network's data infrastructure.