SQD Network Launches OceanStream for Real-Time Blockchain Data

Coin WorldWednesday, Jun 11, 2025 9:21 am ET
1min read

SQD Network, a decentralized data-lakehouse platform, has launched OceanStream, a new service aimed at providing institutional-grade financial data. OceanStream is designed to cater to hedge funds, asset managers, and financial institutions by offering real-time blockchain data from over 200 networks through enterprise-grade APIs. This initiative seeks to reduce dependence on slower centralized data providers and support the development of programmatic finance applications.

In tandem with the launch, SQD Network has made strategic hires to enhance its institutional strategy and advisory capabilities. Howie Altman has been appointed as the Head of Institutional Strategy, while David Attermann joins as an Executive Advisor. Both appointments are supported by M31 Labs, a venture studio focused on Web3 infrastructure. The team will provide guidance on product development and integration pathways for AI-native workflows.

Howie Altman expressed his excitement about the launch, stating, "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."

David Attermann emphasized the significance of an AI-native approach, noting, "As the acquisition of Neon by Databricks 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 of OceanStream is strategically timed to capitalize on the growing tokenized assets market. According to industry forecasts, tokenized assets could reach $30 trillion within 5-7 years, driving demand for institutional-grade infrastructure capable of handling real-time blockchain data.

OceanStream is 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. This architecture enables autonomous agents to query blockchain data directly without human intervention, positioning OceanStream as a viable alternative to traditional data providers.