SQD Network, a decentralized data-lakehouse platform, has announced the launch of OceanStream to offer institutional-grade financial data, according to information shared with Finbold on Wednesday, June 11.
OceanStream targets hedge funds, asset managers, and financial institutions with real-time blockchain data from over 200 networks via enterprise-grade APIs. This eliminates dependence on slower centralized providers and is designed to power programmatic finance applications.
Strategic appointments and backing
Additionally, SQD Network has appointed Howie Altman as Head of Institutional Strategy and David Attermann as an Executive Advisor, with backing from M31 Labs, a venture studio focused on Web3 infrastructure. The team will provide product development guidance and integration pathways for AI-native workflows.
“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,” Said said Howie Altman.
David Attermann emphasized the AI-native approach:
“As Databricks’ acquisition of Neon illustrates, the future of data infrastructure lies in systems that are AI-native: serverless, scalable, and programmable. OceanStream will provide the open, decentralized backbone for the AI-powered financial ecosystem.”
The launch targets the growing tokenized assets market, with industry forecasts projecting $30 trillion in tokenized assets within 5-7 years. This shift is driving demand for institutional-grade infrastructure capable of handling real-time blockchain data.
Platform features
OceanStream has been built to support the real-time needs of institutional actors in tokenized capital markets. The platform offers high-performance data streams optimized for capital markets, comprehensive coverage across major Layer 1s and Layer 2s, and seamless access for AI agents and enterprise platforms through open-source infrastructure.
As financial markets move toward AI-driven workflows, SQD’s architecture enables autonomous agents to query blockchain data directly without human intervention, positioning the platform as an alternative to traditional providers like Bloomberg and Snowflake.
Source: finbold
