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SIX Partners with CryptoCompare to Launch a Comprehensive Crypto-Currency Data Offering

Source: Youmans

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Swiss financial data expert SIX, one of Europe's leading financial information providers, announced that CryptoCompare's cryptocurrency data is now available for the broad customer base of SIX to further strengthen their activities in digital asset markets.

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As a result of the partnership, SIX can now cover more than 85% of all cryptocurrency market activities worldwide. CryptoCompare is a key third-party cryptocurrency data provider that SIX has onboarded to its distribution channels.

CryptoCompare is a UK-based digital asset market data provider, aggregating data from over 300 venues globally. The company has broad coverage of reference and pricing data for cryptocurrency and fiat-based trading pairs.

Through this partnership, SIX now provides real-time and historical pricing data, order book and crypto derivatives data built on CryptoCompare's proprietary aggregate pricing methodology. This is based on a 24-hour volume-weighted average calculation, time-penalty factor and outlier methodology to show the best price estimation for cryptocurrency traders and investors to value their portfolio at any time.

Berta Ares Lomban, Head Digital Assets Financial Information at SIX, highlights: "Through this collaboration with CryptoCompare, we are helping our customers navigate the digital assets markets. Our clients will be able to access the information they need to realize the opportunities and manage the risks in cryptocurrency markets, as well as comply with emerging regulations, through a trusted and reliable data partner."

"CryptoCompare is delighted to work with SIX to provide its clients with high-quality and wide-ranging digital asset data, built upon our market-leading methodologies that safeguard data integrity," says Charles Hayter, CEO and Co-Founder of CryptoCompare. "We look forward to advancing our relationship with SIX, assisting as the company explores new opportunities to meet the growing appetite of their clients for digital assets exposure."       

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