Institutions Tune In To Crypto Data Tools


Published 1y ago via cryptobriefing.com

Institutions Tune In To Crypto Data Tools
CryptoBriefing via cryptobriefing.com

Accurate crypto data could help bring cryptocurrencies into the mainstream, according to the CEO of a prominent data provider. CryptoCompare is on a tear this week, with three new integrations to provide traders with better insights into the digital asset market.

“When it comes to trading, good decision-making depends on access to solid data insights,” explained BitMEX CEO Arthur Hayes, highlighting that institutional investors require quality market data to pursue sophisticated trading strategies. Another benefit is that better data might help integrate cryptocurrency into the wider financial market, by providing the tools for institutions to better understand the asset class.

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