The world's second-largest stock exchange, Nasdaq, and crypto data provider CryptoCompare have partnered to release a cryptocurrency pricing product targeted at institutional investors. The news was revealed in a press release shared with Cointelegraph on June 11. The new product, dubbed the “Nasdaq/CryptoCompare Aggregate Crypto Reference Prices,” will be made available on the Nasdaq-owned platform Quandl — which reportedly provides financial and economic alternative datasets for over 400,000 financial professionals globally. The new Nasdaq-CryptoCompare pricing product will be based on CryptoCompare’s aggregate index datasets, which provide ostensibly minute-by-minute pricing data from those cryptocurrency markets that have the highest liquidity. The …

While it’s possible to buy top cryptocurrencies like bitcoin (BTC) and ether (ETH) in the over-the-counter (OTC) market, most people will need an exchange in order to buy other altcoins. Exchanges are simply an important component of the system that makes the crypto market tick. Regulators around the world have identified this, which is why regulatory moves have primarily targeted exchanges. Regulators want to be sure that exchanges employ the best security practices as well as measures — Know Your Customer (KYC), Anti-Money Laundering (AML), and Combating the Financing of Terrorism (CFT), for instance — that discourage illicit transactions and …

Microsoft announced its fully managed Azure Blockchain Service in a press release on May 2. The new blockchain-as-a-service (BaaS) platform will purportedly allow users to build blockchain applications on preconfigured network. According to Microsoft’s head of corporate communications, Frank Shaw, this service “simplifies the formation, management, and governance of consortium blockchain networks.” Shaw further noted that Azure Blockchain Service can create a new consortium network “in a few simple clicks,” or let the user perform basic operations like adding new members to the network. Quorum, an open source blockchain platform backed by JPMorgan Chase, is the first platform that can …

The world’s largest stock exchange, Nasdaq, announced that it has introduced XRP Liquid Index (XRRLX), a new XRP index, to its global data service. The news was announced in a post on its website published on April 29. Per the announcement, the development is part of Nasdaq’s data dissemination partnership with cryptocurrency analytics company Brave New Coin. The company will reportedly send its real-time XRP index level information on the Nasdaq Global Index Data Service SM (GIDS). In a separate announcement, Brave New Coin noted: “The XRPLX sources data from only the most liquid exchanges by volume and order-book depth …

The world's second-largest stock exchange, Nasdaq, is allegedly testing trading of a bitcoin (BTC)-based product, according to a tweet by an analyst at quantitative trading analytics service StrongMarket on April 22. Twitter personality Cryptopolis, a quantitative analyst at StrongMarket, tweeted that he bought one bitcoin through an account on retail brokerage firm TD Ameritrade (NASDAQ: AMTD) on Monday. Cryptopolis suggested that bitcoin was trading on the platform against United States dollar under the unknown symbol “CXERX,” which is purportedly listed on the Nasdaq. The analyst added that BTC/USD trading pair was launched on April 10, 2019, based on the platform's …

CoinMarketCap announced that it will launch two cryptocurrency benchmark indices on Nasdaq Global Index Data Service, Bloomberg Terminal, Thomson Reuters Eikon and Börse Stuttgart. The news was revealed in a post on the crypto data firm’s blog, published on March 20. The two indices are calculated and administered by German index provider Solactive, the post notes. Per the announcement, the indices will cover the top 200 cryptocurrencies by market capitalization, one including Bitcoin (BTC) and one without it. The latter benchmark will be called CMC Crypto 200 ex BTC Index (CMC200EX), while the one including Bitcoin is called CMC Crypto …

Estonia-based Nasdaq-powered digital trading platform DX.Exchange is claiming an industry first with its launch of security token trading and security token offering (STO) listings. The development was shared with Cointelegraph in a press release on March 14. As previously reported, DX.Exchange went live in January, with support for various fiat and cryptocurrency trading pairs and tokenized stocks. In March, the platform added tokenized exchange-traded funds (ETFs) to its supported products. According to the press release, the platform now allows investors to purchase security tokens using both fiat and major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Tether (USDT) and Ripple …

United States-based crypto startup Bcause LLC will use Nasdaq's trading, clearing and market surveillance technology, Nasdaq announced in a press release today, March 13. According to the announcement, Bcause will use the tech for its spot cryptocurrency market, set to launch via Nasdaq’s Financial Framework platform in the first half of 2019. According to Nasdaq, the tech will let the company monitor its markets for manipulative activities and other types of suspicious conduct, therefore creating a more secure spot and derivatives market. Fred Grede, CEO of Bcause, expects that the new crypto spot market will attract a broad range of …

Estonia-based digital trading platform DX.Exchange has added tokenized Exchange-Traded Funds (ETFs) to its services, according to press release shared with Cointelegraph on March 6. The move involves the tokenization of popular ETFs, such as SPY, which represents the S&P 500, and QQQ, which backs the Nasdaq Composite at a 1:1 ratio. UWT (crude oil) and UDOW are among other ETFs offered on the platform. The ETFs offered can now be purchased both for cryptocurrencies and fiat during trading hours as well as after-hours. According to the press release, the introduction of tokenized ETFs on DX.Exchange complies both with the latest …

Top Stories This Week Nasdaq Begins Listing Brave New Coin’s Bitcoin and Ethereum Price Indexes Nasdaq, the world’s second-largest stock exchange, began its live listing of two crypto price indexes from United States blockchain and crypto market data company Brave New Coin (BNC) this week. The listings, which had been announced earlier this month, are BNC’s Bitcoin Liquid Index (BLX) and Ethereum Liquid Index (ELX). According to the announcement, the indexes will show reference rates for the price of 1 BTC and 1 ETH, quoted in USD and refreshed every 30 seconds. Brave New Coin has also announced future plans …

Nasdaq had begun live listings of two cryptocurrency price indices from United States blockchain and crypto market data company Brave New Coin (BNC), the latter confirmed in a post on Feb. 26. Originally announced earlier this month, the integration of BNC’s Bitcoin Liquid Index (BLX) and Ethereum Liquid Index (ELX) will open up new data for clients using Nasdaq’s Global Index Data Service (GIDS). The move comes ahead of BNC’s plans to launch a separate index tracking the price of Ripple (XRP). The token launched on U.S. cryptocurrency exchange Coinbase Pro Tuesday, but it remains unknown whether Nasdaq will host …

Nasdaq will launch two new indices tracking cryptocurrency prices on Feb. 25, the company announced in an update to its website on Feb. 12. The indices — the Bitcoin Liquid Index (BLX) and the Ethereum Liquid Index (ELX) — will offer real-time price updates in thirty-second intervals for clients using NASDAQ’s Global Index Data Service (GIDS). BLX and ELX are the product of United States blockchain and crypto asset market data company Brave New Coin. “(BLX and ELX) are each designed to provide a real-time spot or reference rate for the price of 1 BTC and 1 ETH respectively, quoted …