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Brave New Coin (BNC), a cryptocurrency market data provider, has announced that its digital currency market news and insights are now being hosted on Dow Jones’ Factiva, a business information and research tool.
Factiva is a database that aggregates more than 33,000 premium sources, including licensed publications, influential websites, blogs, images and videos from across the globe.
BNC Research and Insights, on the other hand, provide unique future perspectives and asset analysis by leveraging its expertise across the Techemy Group, a holding company co-founded by Brave New Coin co-founder and Chairman Fran Strajnar which buys, builds and invests in the infrastructure required to scale cryptographic assets.
In its press release, BNC said that the integration of its digital currency market insights with Factiva will essentially act as a bridge between legacy and emerging markets.
Emphasizing on the importance of data-driven insights and analysis for traders and investors in decision-making, Rory Manchee Head of Business Development at BNC, said:
“At BNC, we see the utility of Bitcoin and cryptocurrencies as alternative assets becoming more widely accepted into 2020 and beyond…BNC believes that clients need to be able to access and consume our data wherever, whenever and however they choose. This means having multiple delivery and distribution channels integrated with BNC’s data, including leading vendors such as Dow Jones Factiva.”
BNC said that its institutional-grade market data is utilised by Amazon Alexa, in addition to its LX indices for Bitcoin (BLX), Ethereum (ELX) and Ripple (XRPLX) being distributed by Nasdaq and others, in turn, offering traders and investors IOSCO-aligned global spot prices for price discovery. Its suite of near real-time aggregated market data and indices is accessible via dedicated web sockets or REST APIs.
BNC recently joined KPMG and R3 as a member of the Wall Street Blockchain Alliance (WSBA), a non-profit trade association with a mission to guide and promote blockchain and cryptocurrency. The move will see the WSBA and BNC work together to provide quarterly market updates and proprietary market data solutions for members.
