Chainlink, a provider of real-world data to blockchains, said infrastructure provider Coinbase Cloud will become a node operator on its system, adding capacity and security to the so-called oracle network, according to a Thursday press release.

A node operator monitors blockchains for data requests such as stock prices and temperature data, retrieves the off-chain information and delivers it to the smart contract that issued the request.

Other Chainlink node operators include telecoms giants Swisscom, Deutsche Telekom and news provider Associated Press.

Chainlink supplies 974 data feeds and has enabled $7.8 trillion worth of transactions since the start of 2022 according to data from its website.

Coinbase Cloud brings "extensive experience, robust infrastructure and commitment to security," William Reilly, global head of CeFi, sales & strategy at Chainlink Labs said in the press release.

Tech Chainlink Crypto Coinbase

Camomile Shumba

Camomile Shumba is a CoinDesk regulatory reporter based in the UK. Previously, Shumba interned at Business Insider and Bloomberg. Camomile has featured in Harpers Bazaar, Red, the BBC, Black Ballad, Journalism.co.uk, Cryptopolitan.com and South West Londoner. Shumba studied politics, philosophy and economics as a combined degree at the University of East Anglia before doing a postgraduate degree in multimedia journalism. While she did her undergraduate degree she had an award-winning radio show on making a difference. She does not currently hold value in any digital currencies or projects.