Intercontinental Inventory Alternate Seemingly to Develop Cryptocurrency Information Feed

Intercontinental Inventory Alternate (ICE), the father or mother firm of the New York Inventory Alternate (NYSE) hinted it was including a slew of recent cash to its Cryptocurrency Information Feed in a tweet on March 14.

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

Per the current announcement, ICE is extending the listing of supported cryptocurrencies to 1000's, additionally including a whole lot of venues. With this transfer, the corporate is ostensibly planning to extend transparency within the subject.

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

In February, ICE said that the launch of its cryptocurrency platform Bakkt is ready 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 announced in mid-January. The acquisition would allegedly increase Bakkt’s danger administration and treasury operations with techniques and experience, and may contribute to Bakkt’s Anti-Cash Laundering (AML) and Know Your Buyer (KYC) insurance policies.

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