Decentralized data-lakehouse SQD Network has launched Oceanstream, a platform that provides real-time, institutional-grade financial data from over 200 blockchains.

Data From 200 Blockchains in Real Time

SQD Network, a decentralized data-lakehouse, announced on June 10 the launch of Oceanstream, a platform designed to deliver institutional-grade financial data from more than 200 blockchains in real time. The new offering aims to provide professional investors, including hedge funds and asset managers, with reliable and comprehensive financial information.

To support this initiative, SQD Network has appointed Howie Altman as head of institutional strategy. Highlighting the significance of the launch, Altman said:

“The finance industry is undergoing its most significant transformation in the last half-century. Oceanstream, now live with robust infrastructure and a growing list of key partners, is perfectly positioned to lead the way for digital asset data. I’m thrilled for this launch and what lies ahead.”

Altman also shared with Bitcoin.com News his perspective on Oceanstream’s “unique” technical and economic advantages compared with centralized and decentralized data providers. He pointed to Oceanstream’s structural infrastructure, which he said ensures the fastest and most cost-efficient on-chain data solution on the market.

Oceanstream employs a multi-stage processing pipeline that separates data extraction, transformation, and storage into distinct phases, improving manageability and scalability. According to Altman, each stage of the pipeline can be independently developed and optimized, providing greater control over the data processing workflow.

Meanwhile, David Attermann, who has been appointed executive director at SQD Network, emphasized the platform’s forward-looking design:

“As Databricks’ acquisition of Neon illustrates, the future of data infrastructure lies in AI-native systems that are serverless, scalable, and programmable. Oceanstream will provide the open, decentralized backbone for the AI-powered financial ecosystem.”

The launch of Oceanstream comes at a critical time, coinciding with the accelerating migration of traditional financial assets onto blockchain networks. Industry forecasts project that tokenized assets could reach $30 trillion within the next five to seven years. As this shift intensifies, access to first-party, real-time blockchain data will become essential for major financial institutions.

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