NYSE Parent Company Launches Cryptocurrency Data Feed

Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), is partnering with blockchain startup Blockstream to launch a new cryptocurrency-based data feed.

ICE Data Services’ feed will display real-time data from at least 15 different cryptocurrency exchanges worldwide, including prices and order book data for bitcoin and other cryptocurrencies, according to a press release published today.

The Cryptocurrency Data Feed will provide price information against the dollar and other major currencies, and Blockstream will collect and format the data to help investors more easily track how different markets are performing.

ICE Data Services President and chief operating officer Lynn Martin said in a statement:

“With the broad array of cryptocurrencies and exchanges, and given the price variances between exchanges, it’s critical that investors have a comprehensive source of pricing information. We’re excited to work with Blockstream, which is focused on bringing institutional-quality data to the market, and we look forward to expanding the feed and our strategic relationship with Blockstream over time.”

Blockstream will be responsible for actually collecting the data from different exchanges, and will present it in a similar fashion to current data streams present in stock exchanges. The information presented will include real-time price data, as well as historical pricing.

Disclosure: CoinDesk is a subsidiary of Digital Currency Group, which has an ownership stake in Blockstream. 

New York Stock Exchange image via photo.ua / Shutterstock

The leader in blockchain news, CoinDesk is an independent media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. Have breaking news or a story tip to send to our journalists? Contact us at news@coindesk.com.

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency.

Comments

comments

Filed in: Bitcoin Buzz Tags: ,

You might like:

Bitfinex Took 630 Million Tether Out of Circulation After Drop Below $1 Bitfinex Took 630 Million Tether Out of Circulation After Drop Below $1
Bitcoin Futures Could Go Live on ICE's Crypto Trading Platform in December Bitcoin Futures Could Go Live on ICE's Crypto Trading Platform in December
ABN AMRO, Samsung SDS Partner for Blockchain Trade Pilot ABN AMRO, Samsung SDS Partner for Blockchain Trade Pilot
Crypto Payments Startup Uphold Launches Lending Products Crypto Payments Startup Uphold Launches Lending Products
Bitmain's Latest Bitcoin Miner Update Activates Controversial 'AsicBoost' Bitmain's Latest Bitcoin Miner Update Activates Controversial 'AsicBoost'
Accenture Tech Now Connects Corda, Fabric, DA and Quorum Blockchains Accenture Tech Now Connects Corda, Fabric, DA and Quorum Blockchains
Public Company's Crypto Claims Draw SEC Scrutiny, Trade Suspension Public Company's Crypto Claims Draw SEC Scrutiny, Trade Suspension
The Delicate Psychology of Stablecoins The Delicate Psychology of Stablecoins
© 2018 Virtual Mining Bitcoin News. All rights reserved. XHTML / CSS Valid.