Nasdaq Exploring Adding Crypto Data Sets to its Analytics Tool, Sources Say

in #trending6 years ago

New York-headquartered stock market giant Nasdaq is exploring adding crypto datasets to its market analytics tool, a Nasdaq source told Cointelegraph September 11.

Speaking to Cointelegraph, Nasdaq’s Head of Alternative Data Bill Dague said that “given [an] abundance of interest, we are exploring cryptocurrency related datasets. Whether or not we launch a crypto-related product remains to be seen.”

Crypto datasets would potentially be integrated into Nasdaq’s data Analytics Hub, which launched in 2017 with the aim to make unstructured data more intelligible for the benefit of investors.

The spectrum of the Analytics Hub currently parses a range of curated datasets, including “eVestment ESG,” — referring to Environmental, Social and Governance (ESG) data — a “Global News Exposure” investment risk management tool, and a monthly “iSentium Social Media Sentiment” dataset.

This July, Cointelegraph covered a closed-door meeting that was reportedly held by Nasdaq to discuss steps for legitimizing the crypto industry across global markets. Attendees are said to have included representatives from the Winklevoss twins’ Gemini crypto exchange, as part of a group of around half a dozen representatives from both the traditional finance sphere and the crypto industry.

This April, Nasdaq CEO Adena Friedman said that the platform would consider supporting crypto trade in the future if the market becomes more mature and transparently regulated.IMG_20180913_005333_115.jpg

Sort:  

Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://cointelegraph.com/news/nasdaq-exploring-adding-crypto-data-sets-to-its-analytics-tool-sources-say

Very great post @alizcking-dde thanks for joining the Steemit Family post explore and enjoy thanks. @garrettwallace