U.S. Government Partners With Chainlink, Pyth and Kraken to Publish Economic Data Onchain

The Commerce Department published GDP data directly on blockchains with the help of Chainlink, Pyth, and Kraken, sending oracle tokens soaring.

(Photo of Heidi Kaden on Unsplash)

Posted August 29, 2025 at 9:56 am EST.

The U.S. Department of Commerce published the Bureau of Economic Analysis’s Q2 GDP data on nine blockchains, including Bitcoin, Ethereum, Solana and Avalanche.

The department partnered with blockchain oracle providers Chainlink and Pyth Network, as well as crypto exchange Kraken, to publish the economic data onchain.

Chainlink’s native token LINK surged 12% to an intraday high of $25.90 on the news, before retracing to around $24.12 as of early Friday morning. Meanwhile, Pyth’s native token PYTH skyrocketed 94% higher, and continued to trade at a five-month high of $0.22.

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Kraken said it had assisted the U.S. government with procuring the native tokens required to pay for transaction fees when publishing the cryptographic proofs of GDP data.

“We commend President Trump and Secretary Lutnick for their vision in bringing this initiative to life, and we are honored to play a role in its execution,” said Kraken co-CEO Arjun Sethi.