Coinmarketcap.com (CMC) is one of the industries best pals for when it comes to market and trend data. CMC exists on an easy to use website and mobile app that makes crypto data research as easy as it can be. CMC had been designed for the personal investor in mind, in order to help investors make decisions and in order to allow them to see how their cryptos are performing all in one place. Other cool features such as exchange data and Â a watch list make CMC one of the most popular cryptocurrency websites around. In their latest announcement, CMC have partnered with Vela in a move that has been designed to bring the CMC platform to institutional investors, paving the way for a new era in data presentation, designed to make it easier for institutions to invest. If thereâs one thing we know about institutional investors, itâs that their interactions within the markets is sure to bring a lot of money in, meaning price spikes, bull runs, ATHâs and generally, a very good time to be had for many. According to the CMC announcement:
CoinMarketCap is pleased to be partnering with @TradeVela to bring our trusted cryptocurrency data to institutional clients! We will be providing the crypto data in their SuperFeed. Read our press release here at: https://t.co/IWbEw4jEy8â CoinMarketCap (@CoinMarketCap) August 22, 2018
âCoinMarketCap, the worldâs most trusted and accurate source of data for cryptocurrencies, today announced a partnership with Vela, a leading independent provider of trading and market access technology for global multi-asset electronic trading. This exclusive agreement marks a new addition to the asset class coverage for Velaâs Market Data Feed service, SuperFeed.â
âThe partnership will provide Velaâs institutional client base with normalized access to the rapidly expanding list of more than 1,800 cryptocurrency coins and tokens supported by CoinMarketCap. Vela will integrate CoinMarketCapâs professional API into its streaming market data feed, SuperFeed, to enable institutions, including broker-dealers, banks, and other retail firms, to access CoinMarketCapâs world-leading cryptocurrency data alongside more traditional market data sources.â
âVelaâs SuperFeed provides low-latency, normalized data without the need for any client infrastructure, delivering the levels of performance, availability and reliability required of a trading quality market data feed. The addition of cryptocurrencies complements the more than 100 markets and data sources already available on SuperFeed, covering all major US and European markets and a growing range of Asian venues.âAccording to the announcement, Jen Nayar, the CEO of Vela has said:
âWe are very excited to be partnering with CoinMarketCap to provide our institutional clients with enterprise-grade access to the leading, independent source of cryptocurrency data. With crypto being one of the biggest disruptors in our space today, this agreement fortifies Velaâs entry into this innovative digital currency sector. We look forward to working with CoinMarketCap to deliver their world-leading cryptocurrency data to our institutional audience.âThe Founder of CMC, Brandon Chez has added:
âWith our goal to remain the most trusted and accurate source of data for the cryptocurrency community, we are pleased to be partnering with Vela, a well-respected and independent technology leader in trading and market access. Together, we are able to extend our reach to major banks, broker-dealers, and institutional firms so that they can access our information directly.âCMC are trying to make it easier for large institutions to enter the cryptosphere. This is good news for investors at all levels as institutional investment equals money. Money equals value and value equals happy investors (something like that anyway). By having groups like CMC make it easier for institutions, they are going to spearhead a revolution, one that we should all be behind.