The partnership between CryptoCompare and Thomson Reuters will see the former providing market data for 50 of the top cryptocurrencies. This will include order book and other trade data that will be sourced from a number of trusted exchange platforms. The data will then be fed directly into the Thomson Reuters’ market analysis platform Eikon. According to a report in Finextra, the decision to partner with CryptoCompare was made due to the platform’s role as “gatekeeper for reliable accurate and clean data.” The publication also noted CryptoCompare’s “rigorous standards to safeguard data integrity, normalising global data sources to ensure consistency and confidence in the market.” The founder and CEO of CryptoCompare, Charles Hayter, spoke to Finextra about the partnership. He told the publication that there was an increased demand for better market data for cryptocurrencies.
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