Will On-Chain U.S. Treasury Data Transform Tradeweb Markets’ (TW) Digital Asset Strategy?

  • Tradeweb and Chainlink recently announced a collaboration to publish the Tradeweb FTSE U.S. Treasury Benchmark Closing Prices on-chain via DataLink, aiming to enhance transparency and accessibility in U.S. Treasury markets by leveraging blockchain technology for real-time, reliable benchmark pricing data.

  • This move may accelerate the integration of digital market infrastructure for institutions seeking trusted, continually available Treasury pricing and open the door for tokenized financial products and expanded on-chain market participation.

  • We’ll explore how delivering institutional-grade U.S. Treasury data on-chain may influence Tradeweb’s digital asset growth and investment outlook.

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To be a shareholder in Tradeweb Markets, you need to believe in the ongoing transition of fixed income markets from manual and voice-based to electronic and increasingly digital trading. The recent partnership with Chainlink advances digital infrastructure for U.S. Treasury data, but does not materially alter the biggest short-term catalyst, which remains increasing electronic trading adoption, or the biggest near-term risk, ongoing reliance on voice trading for complex trades during volatile periods.

Of the recent announcements, Tradeweb’s launch of dealer algorithmic execution capabilities for U.S. Treasuries stands out as most relevant. Together with the Chainlink collaboration, this further supports efforts to enhance automation and real-time data, aligning directly with the catalyst of growing electronic and automated trading volumes in core markets.

However, amid these advances, investors should be aware that if voice trading remains entrenched during key market events, it could…

Read the full narrative on Tradeweb Markets (it’s free!)

Tradeweb Markets’ narrative projects $2.6 billion in revenue and $917.7 million in earnings by 2028. This requires 10.6% yearly revenue growth and a $359.9 million earnings increase from current earnings of $557.8 million.

Uncover how Tradeweb Markets’ forecasts yield a $131.87 fair value, a 20% upside to its current price.

TW Community Fair Values as at Nov 2025

Three Simply Wall St Community members provided fair value estimates for Tradeweb ranging from US$61.66 to US$556.37 per share. While opinions are split, the ongoing move toward market electronification is driving strong debate about longer-term revenue growth.

Explore 3 other fair value estimates on Tradeweb Markets – why the stock might be worth 44% less than the current price!

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  • A great starting point for your Tradeweb Markets research is our analysis highlighting 2 key rewards that could impact your investment decision.

  • Our free Tradeweb Markets research report provides a comprehensive fundamental analysis summarized in a single visual – the Snowflake – making it easy to evaluate Tradeweb Markets’ overall financial health at a glance.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include TW.

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