Provider Overview
Provider: OTC Markets Group Website: https://www.otcmarkets.com/ Dataset Category: US and Global Securities
Dataset Details
OTC Markets Group operates the largest U.S. electronic marketplace for over-the-counter (OTC) securities — providing price, liquidity, and disclosure data for ~12,400 securities. Founded 1913 (as National Quotation Bureau), publicly traded (OTCQX: OTCM).
Market Tiers:
| Tier | Description | Securities |
|---|---|---|
| OTCQX | Premium tier — established companies, highest disclosure standards | ~658 |
| OTCQB | Venture tier — growth companies, verified management | ~1,216 |
| OTCID | Integrated Disclosure — baseline financial reporting (launched July 2025) | — |
| Pink Limited | Minimal/no disclosure, higher risk | — |
Data Products:
| Product | Description |
|---|---|
| Real-Time Quotes | Level 1+ BBO and Time & Sales across all tiers |
| Disclosure API | Real-time access to SEC filings and disclosure data for 3,400+ issuers |
| Compliance Data | SEC filings, financial statements, company profiles |
| Historical Data | End-of-day and intraday historical pricing |
Instrument Coverage:
-
Ordinary Shares (US domestic)
-
American Depositary Receipts (ADRs) — 478+ international companies
-
Foreign Issues
-
ETFs
-
Bitcoin Trusts
-
Digital Securities
Network: 89 broker-dealers, Blue Sky status in 33 states
Commercial Terms
Model: 1
- Model 1 = Pyth Delivery + Provider Billing
Projected Annual Value: $50K–$250K
Overlap Assessment
Assessment: Low overlap risk. OTC Markets covers securities that don’t trade on major exchanges — a distinct market segment from Pyth’s current equity feed coverage (which focuses on NYSE/NASDAQ-listed stocks).
Strategic Value:
-
ADR Coverage — Access to 478+ international companies via US markets (critical for global tokenization)
-
Digital Securities — OTC Markets already handles digital/tokenized securities, natural DeFi bridge
-
Bitcoin Trusts — GBTC and other crypto investment vehicles trade OTC
-
Disclosure Data — Compliance and financial data valuable for RWA due diligence
-
Unlisted/Pre-IPO — Many private companies trade OTC before listing — early exposure for tokenized equity protocols
Pyth Core Feeds OTC Markets Datasets Overlap Risk Real-time crypto prices OTC securities pricing None — different asset class Real-time equity prices OTC equities, ADRs Low — OTC is complementary to exchange-listed equities FX spot rates N/A None Commodity prices N/A None
Per CO-PIP-99, this notice starts a 30-day optimistic approval window. Community members may ask questions below. The onboarding proceeds unless formally objected to by the Pythian Council (6/9 supermajority) or via Operational PIP.