Crypto derivatives platform BitMEX and provider of crypto data CryptoCompare will jointly build a real-time crypto futures dataset, according to a press release shared with Cointelegraph on June 10.
The BitMEX cryptocurrency futures dataset is designed for institutional investors, and will be delivered to financial markets data provider Refinitiv through the CryptoCompare contributions conduit.
The tool will eventually be integrated into the Refinitiv Eikon, a set of software products for financial professionals to monitor and analyze financial information.
The product is set to increase transparency and confidence in the cryptocurrency markets and subsequently attract greater institutional participation in the digital asset class.
"When it comes to trading, good decision-making depends on access to solid data insights. We are pleased to deliver a new wealth of data on cryptocurrency futures for institutional investors that can contribute to their overall confidence throughout their decision-making process."
At the time, CryptoCompare founder and CEO Charles Hayter stated that as the markets mature, they had seen rising interest from institutional investors.
BitMEX, CryptoCompare and Refinitiv to Jointly Build Real-Time Crypto Futures Dataset
Published on Jun 10, 2019
by Cointele | Published on Coinage
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