Nasdaq Partners with CryptoCompare to Offer Institutions Access to Market-leading Cryptocurrency Data
CryptoCompare has announced today the launch of a cryptocurrency pricing product,
the Nasdaq/CryptoCompare Aggregate Crypto Reference Prices, which will be available on the Quandl platform. LONDON, 11th June 2019 – CryptoCompare, the leading provider of cryptocurrency data and indices, and Nasdaq, a leading global provider of trading, clearing, exchange technology, listing, information and public company services, today announced a strategic partnership to launch a cryptocurrency pricing product, the Nasdaq/CryptoCompare Aggregate Crypto Reference Prices. The product will be made available on Quandl, a Nasdaq owned leading-edge data platform and the premier source for financial, economic and alternative datasets.
The new product will enable institutional investors to monitor the nascent digital asset class and assess investment opportunities using a trusted data source. The Nasdaq/CryptoCompare Aggregate Crypto Reference Prices will enhance institutional capabilities in the cryptocurrency markets across trading strategy, quantitative research, risk modelling, NAV calculations, and back-testing. Based on CryptoCompare’s aggregate index datasets, the product will provide minute-by-minute pricing data for the most liquid cryptocurrency markets.
Charles Hayter, Co-Founder and CEO of CryptoCompare, said:
“We are delighted to partner with Nasdaq on a joint Aggregate Crypto Reference Prices product. Reliable data is the bedrock of transparent, liquid markets and by bringing our high quality, granular dataset to a global institutional client base, via the Quandl platform, we will give traders and investors a competitive edge.”
CryptoCompare’s datasets – spanning cryptocurrency trade, order book, historical, social and blockchain data – are the most granular in the industry and include historical data since 2013. The company also offers a family of cryptocurrency indices, white-labelled indices, and bespoke data products. By aggregating and analysing tick data from more than 150 globally recognised exchanges, and regularly reviewing these to ensure data integrity, CryptoCompare provides a unique, reliable and comprehensive overview of the cryptocurrency markets.
CryptoCompare is the leading provider of cryptocurrency data and indices. Institutional and retail investors rely on the company for real-time, high quality data spanning 5,800+ coins and 270,000+ currency pairs globally. By aggregating and analysing tick data from globally recognised exchanges and seamlessly integrating multiple datasets, CryptoCompare provides a comprehensive, granular overview of the cryptocurrency market across trade, order book, historical, social and blockchain data. CryptoCompare is at the forefront of industry efforts to provide definitive datasets that can be relied on to make investment decisions. The company adheres to rigorous standards to safeguard data integrity and promote confidence in the market.
Quandl is the largest provider of alternative data for financial professionals. The company sources, evaluates, and productizes undiscovered data assets, transforming them into quantified, actionable intelligence for select institutional clients. With a customer base that includes the world’s top hedge funds, asset managers and investment banks, Quandl delivers financial, economic and alternative data to over 400,000 analysts worldwide. Quandl was founded in 2012 by Tammer Kamel and Abraham Thomas in part because of their frustrations with the limited data and primitive delivery systems that were available to them. Headquartered in Toronto, Quandl is owned by Nasdaq (Nasdaq: NDAQ), a leading global provider of trading, clearing, exchange technology, listing, information, and public company services.
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