Intercontinental Exchange, Inc. (ICE), a leading provider of data, technology and infrastructure for financial markets, in partnership with Blockstream, a company specializing in blockchain technology and financial cryptocurrencies, today announced that they enhanced the Cryptocurrency Data Feed available through the ICE Consolidated Feed by incorporating data on cryptocurrency options.
Initiated by ICE and Blockstream in 2018, the Cryptocurrency Data Feed provides instant cryptocurrency insights and covers over 100 digital currencies from over 30 venues and trading platforms worldwide. ICE, through an exclusive agreement with Blockstream, provides comprehensive data on cryptocurrency prices and market depth by individual trading platform.
“As the cryptocurrency market matures, the need for reliable pricing information becomes increasingly critical,” said Maurisa Baumann, VP, Desktop and Feeds Products, at ICE. “We are excited to strengthen our collaboration with Blockstream to meet the growing demand for market transparency and provide a detailed market perspective through the ICE Cryptocurrency Data Feed.”
ICE is working with Blockstream to consolidate cryptocurrency data from various sources into one detailed and accessible data feed. The Cryptocurrency Data Feed aims to provide ICE Data Services customers with access to streaming global market data, with detailed information on cryptocurrencies.
“Interest in the cryptocurrency markets has continued to grow, following significant regulatory decisions and favorable market reactions earlier this year,” remarked Adam Back, CEO of Blockstream. “Now is the perfect time to introduce this enhanced service, and we are excited to continue our close partnership with ICE and with cryptocurrency exchanges around the world to introduce this data service. We believe that it can significantly reduce the barriers to widespread digital currency trading.”
The ICE Consolidated Feed compiles information from over 600 data channels into a standardized format. It is used by banks of all levels, asset managers, hedge funds, independent software vendors and data redistributors. This cost-effective service provides a diverse range of global financial information, encompassing multiple asset classes such as equities, derivatives, fixed income, currencies, money markets, commodities, energy and exchange-traded funds.
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