Kaiko to Provide Deutsche Börse With Crypto Market Data

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

.KaikoData will provide German stock exchange DeutscheBoerse with tick-level crypto market data by the end of the year. By JamieCrawleyCD

French cryptocurrency data provider Kaiko will provide German stock exchange Deutsche Börse with tick-level crypto market data.Kaiko offers data from over 100 centralized and decentralized exchanges, covering the majority of blockchain protocols such as Ethereum and Avalanche.

Deutsche Börse is the owner of the Frankfurt Stock Exchange, the third largest exchange in Europe behind Euronext and the London Stock Exchange, and lists many of the biggest financial services companies in Germany such as Deutsche Bank and insurer Allianz., allowing it to offer custody and other crypto-related services to institutional and professional clients.

“The crypto market faces high volatility and price fluctuations," said Alireza Dorfard, Head of Market Data at Deutsche Börse."Therefore, many of our clients have a high demand for consolidated data from centralized as well as decentralized exchanges to develop useful crypto investment strategies." The agreement with Kaiko should further Deutsche Börse's advances into the cryptocurrency industry, providing its clients with the visibility of the crypto markets that they would expect in mainstream finance.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 291. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Last 3 Days Bring Largest Realized Loss for Bitcoin Investors in History of Cryptocurrency MarketCryptocurrency investors are experiencing huge losses on the market after Bitcoin plunges below the 2017 ATH 关于零熵科技的Omega,建立在Uniswap的【惠极通】即将上线,对此您怎么看?
Source: Utoday_en - 🏆 295. / 63 Read more »

Cryptocurrencies have lost over 62% of their market cap. But Musk is still 'buying the dip'Even as cryptocurrencies have seen their worst in 18 months, Elon Musk has shown support for Dogecoin, suggesting it will bounce back.
Source: IntEngineering - 🏆 287. / 63 Read more »