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Nasdaq And CryptoCompare Partner Up
Summary: Nasdaq, the worlds second-largest stock exchange, partnered up with CryptoCompare, the cryptocurrency price and indices provider, according to CoinTelegraph. These two companies are partnering up to create a cryptocurrency pricing product. The new product, called the “Nasdaq/CryptoCompare Aggregate Crypto Reference Prices,” will be available on the Nasdaq owned financial data platform Quandl. The product will ...
Nasdaq, the worlds second-largest stock exchange, partnered up with CryptoCompare, the cryptocurrency price and indices provider, according to CoinTelegraph. These two companies are partnering up to create a cryptocurrency pricing product.
The new product, called the “Nasdaq/CryptoCompare Aggregate Crypto Reference Prices,” will be available on the Nasdaq owned financial data platform Quandl. The product will provide minute by minute updates on the pricing data for most liquid cryptocurrency markets. Quandl currently provides over 400,000 financial professionals globally with information from financial, economic and other datasets.
This product should boost institutional investors abilities when it comes to the cryptocurrency markets. The product will increase institutional capabilities, “across trading strategy, quantitative research, risk modelling, NAV calculations and back-testing,” according to the press release.
This is not the only big news for CryptoCompare as they recently partnered up with BitMEX to construct a cryptocurrency futures dataset. The dataset will be able to provide the data in real-time as it happens, and is going to be sent to Refinitiv, the financial market data provider.
Author: Ramsey Baker
Tags: Cryptocompare,Cryptocurrency,Nasdaq,partner. dataset
Link: Nasdaq And CryptoCompare Partner Up [Copy]
