ICE, Blockstream partner to launch Cryptocurrency Data Feed

The Intercontinental Exchange (ICE) has entered into a partnership with blockchain startup Blockstream to launch its Cryptocurrency Data Feed.

Formed in 2000, ICE is a leading operator of global exchanges and clearing houses and provider of data and listings services. Its subsidiaries include the New York Stock Exchange (NYSE), The Clearing Corporation, ICE Futures Europe and others.

The ICE Cryptocurrency Data Feed delivers “real-time and historical data for the most widely and actively traded cryptocurrencies,” according to the announcement. The feed covers nearly 60 cryptocurrencies from leading venues, markets and exchanges across the globe.

The feed offers a number of monitoring services for the crypto market including price discovery, historic data, full-depth market by price and by venue insight, and daily summaries including a calculated accumulated volume, the volume of weighted average price (VWAP), and turnover value, among others.

Furthermore, the feed is backed by ICE’s Secure Financial Transaction Infrastructure (SFTI) Network, which, according to the description, will help eliminate downtime for subscribers, who will get immediate notifications of any technical interruptions.

Last year, ICE announced its plans to launch a digital assets platform, Bakkt. In an update regarding the platform’s launch, it said that it expects to provide an updated timeline in early 2019 for “the trading, clearing and warehousing of the Bakkt Bitcoin (USD) Daily Futures Contract.”

Bakkt recently raised $182.5 million in a funding round which drew support from Boston Consulting Group, Galaxy Digital, Microsoft’s venture arm M12, and others.