Intercontinental Inventory Change Seemingly to Develop Cryptocurrency Information Feed

Intercontinental Inventory Change (ICE), the dad or mum firm of the New York Inventory Change (NYSE) hinted it was including a slew of latest cash to its Cryptocurrency Information Feed in a tweet on March 14.

Launched in January 2018, the Cryptocurrency Information Feed is a service providing real-time digital forex info, overlaying costs and order books. The platform was launched following a partnership between ICE and Bitcoin (BTC) and blockchain know-how firm Blockstream.

Per the current announcement, ICE is extending the checklist of supported cryptocurrencies to hundreds, additionally including tons of of venues. With this transfer, the corporate is ostensibly planning to extend transparency within the discipline.

At press time, the Cryptocurrency Information Feed helps 58 digital currencies from numerous knowledge sources, markets and exchanges around the globe. The service is backed by ICE’s Safe Monetary Transaction Infrastructure (SFTI) device, which claims to get rid of downtime for traders and allow instant notifications in case of an emergency.

In February, ICE mentioned that the launch of its cryptocurrency platform Bakkt is about for later in 2019. The undertaking’s infrastructure has purportedly already attracted a variety of high-profile traders and companions, together with Starbucks and Microsoft.

That very same month, ICE revealed that it had finalized its first acquisition of property in futures fee service provider Rosenthal Collins Group, which was first introduced in mid-January. The acquisition would allegedly increase Bakkt’s threat administration and treasury operations with programs and experience, and would possibly contribute to Bakkt’s Anti-Cash Laundering (AML) and Know Your Buyer (KYC) insurance policies.

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