Established financial firms and institutions are about to get a much easier way to follow top crypto assets. Tullett Prebon Information (TPI), a provider of real-time price information from the global OTC financial and commodity markets, has signed a deal to distribute the cryptocurrency data of Brave New Coin (BNC) – a research company focused on the blockchain assets industry.
The new agreement allows TPI to distribute BNC’s consolidated exchange feed, including the Bitcoin Liquid Index (BLX), to their entire customer base. The data will give unparalleled transparency on intraday pricing from more than 50 digital currencies – including Ethereum and Ripple – as well as traded rates against a variety of fiat currencies.
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Commenting on the deal, Fran Strajnar, CEO at BNC, said: “A new asset class has arisen and its exponential growth is proving attractive. We are thrilled to be partnering with TPI, leaders in global market information, who recognise the importance of transparency across all asset classes, old and new.”
Andrew Reeve, Head of Asia Pacific, Middle East and Africa at Tullett Prebon Information, added: “We are starting to see more acceptance of crypto-currencies, with companies such as Microsoft and Amazon accepting them as payment and we know our customers want to see a consolidated view of the market. We are excited to be working with BNC to provide much needed transparency, especially in light of current market volatility. This underlines our ability to stay ahead of the pack, providing intelligence on the markets of the future, now.”