CryptoCompare Partners With Nasdaq to Launch a New Cryptocurrency Pricing Product

On Tuesday (June 11), CryptoCompare, the "leading provider of cryptocurrency data and indices," and Nasdaq, "a leading global provider of trading, clearing, exchange technology, listing, information and public company services", announced a strategic partnership to launch a new cryptocurrency pricing product: "Nasdaq/CryptoCompare Aggregate Reference Prices". This product will be available on the Nasdaq-owned platform Quandl, which is billed as a "premier source for financial, economic, and alternative datasets, serving investment professionals."

According to the press release shared with CryptoGlobe, "Nasdaq/CryptoCompare Aggregate Reference Prices" will "enable institutional investors to monitor the nascent digital asset class and assess investment opportunities using a trusted data source." It 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 being launched today will "provide minute-by-minute pricing data for the most liquid cryptocurrency markets." The data set will be delivered on a daily basis with an intraday data frequency, covering 140+ of the most liquid cryptocurrency trading pairs.

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