Thomson Reuters Teams Up with CryptoCompare. What’s Next?
Thomson Reuters has partnered with crypto aggregator CryptoCompare. As a result, traders will now have access to data on 50 crypto assets via the media company’s platform Eikon.
Thomson Reuters, a global financial information giant, based in Toronto, Canada, has launched its Eikon platform – “the financial analysis desktop and mobile solution that connects you to relevant, trusted content” as described on the website back in 2010.
Now, the multinational company kicked in again after announcing its partnership with the crypto aggregator CryptoCompare. Under the contract, the latter has pledged to integrate data analysis of 50 cryptocurrencies within media company’s financial platform- Eikon.
Sam Chadwick, Director of Strategy in Innovation and Blockchain at Thomson Reuters, claimed:
“Despite the decline in the price of many of the leading cryptocurrencies during 2018, we continue to see increasing demand from our customers for pricing coverage of the major names. We have been engaged with CryptoCompare since their involvement in our blockchain hackathon in September 2016, and continue to be very impressed by their approach to coverage of these challenging markets. This partnership puts pricing data for this emerging market alongside other asset classes, giving our customers a more comprehensive tradingview in Eikon.”
CryptoCompare collects the latest streaming pricing data from a variety of crypto exchanges in order to provide visitors with the most pragmatic crypto analyzes. The platform offers crypto-powered live trade data, order book data, block explorer and social data.
Charles Hayter, CEO and Founder of CryptoCompare, commented: “As the digital asset markets mature, we see a fast-growing demand from the institutional investor community for comprehensive, real-time and global market data, which can be trusted as the basis for investment decisions. We are excited to enter into this partnership with Thomson Reuters; we have always sought to provide transparency to this market and this partnership provides a great opportunity for the institutional investor community to access not only our data, but also to benefit from our experience and insight.”