ICE Launches New Cryptocurrency Data Feed For 58 Different Coins And Digital Assets

ICE Launches New Cryptocurrency Data Feed

The Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), released a new Data Feed for the cryptocurrency market. There will be several digital assets listed to increase transparency in the crypto space.

ICE Launches Crypto Data Feed

The ICE has decided to release a cryptocurrency data feed to provide quality information regarding the cryptocurrency market. The crypto space has been growing during the last years but companies and larger investors had problems to find good quality and reliable information about digital assets.

On Twitter, the firm released the full list of virtual currencies that will be included on their new Data Feed.

The list includes 58 digital assets but it did not include Binance Coin (BMB). This is the only digital currency among the top 10 that was not present in the list. This is surprising considering that this cryptocurrency has performed very positively during the last months.

There are other digital assets such as VeChain (VEN), 0x (ZRX), ZCash (ZEC), Monero (XMR), or Decentraland (MANA) that were included in the list.

On the matter, the ICE wrote about it:

“Access to price discovery data is crucial to assist in accurately valuing the crypto market. To help address the need for transparency and offer investors a comprehensive view, we worked with Blockstream to launch the ICE Cryptocurrency Data Feed.”

There are different fiat currencies available as well, including the Argentine Peso (ARS), the Chinese Yuan (CNY), the Euro (EUR), the US Dollar (USD), the Russian Ruble (RUB), the Turkish Lira (TRY) and the Korean Won (KRW), among others.

The Intercontinental Exchange is also working on the Bakkt platform for institutional investors. The ICE is trying to create the necessary infrastructure for companies to enter the crypto market in an environment that is built with the standards seen in the traditional financial world.

In the future, the ICE could eventually release new services and products related to digital assets and virtual currencies. Until now, the company is playing a key role in improving the standards of this industry.

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