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CryptoCompare Partnership with Nasdaq to Offer Market-leading Crypto Data

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One of the popular cryptocurrency data and indices provider – cryptocompare announced to partner with the leading American stock exchange, Nasdaq. The main objective of this partnership is to introduce a cryptocurrency pricing product, the Nasdaq/CryptoCompare Aggregate Crypto Reference Prices.

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However, the product will be made available on Quandl. Basically, Quandl is a Nasdaq owned leading-edge data platform and the premier source for financial, economic and alternative datasets.

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 claims that, the new product shall allow institutional investors to analyse the developing digital asset class and evaluate investment opportunities using a trusted data source. Moreover, This partnership 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.

In Particular, Cryptocompare is a data provider, which provides all the latest streaming pricing data in the world of cryptocurrencies. Moreover, Many Institutional and retail investors depend on this platform. Because it provides real-time, high-quality data spanning 5,800+ coins and 270,000+ currency pairs globally.

What’s your view on cryptocompare and NASDAQ partnership? Share your opinion on Twitter and Facebook.

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Disclaimer : The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of Coinpedia. Every investment and trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

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