Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), posted a tweet earlier this week teasing the expansion of its Cryptocurrency Data Feed service to include thousands of cryptocurrencies and hundreds of data sources.
— ICE Data Services (@ICEDataServices) March 11, 2019
According to ICE’s website, the data feeds are designed to cut out the noise often found within the crypto industry by providing traders and institutions with a trusted source of data, sourced from vetted exchanges. Ultimately, these feeds are meant to be applied to trading models and other fintech platforms.
Here is the full list of cryptocurrencies currently supported:
ICE has been in the news frequently over the last 6 months as the firm behind upcoming Bitcoin exchange, Bakkt. While the new exchange has consistently delayed its launch time through the first part of the year, it did recently raise a $182.5 million funding round led by Microsoft’s venture capital arm, Boston Consulting Group and Pantera Capital.
Bakkt also recently entered into an agreement to acquire select assets from Rosenthal Collins Group, a futures commission merchant. Given this activity and the continued expansion of the data feed service, it seems clear that ICE is not playing around when it comes to building up its infrastructure for mass institutional adoption.
More: ICE Announcement
Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.