Intercontinental Exchange Collaborates with Blockstream to Launch Crypto Tracking Tool

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The Intercontinental Exchange (ICE) has collaborated with blockchain firm Blockstream to start its digital currency Data Feed Product, as ICE Data Services tweeted on Jan. 24th.

Established in 2000 in the US, the Intercontinental Exchange (ICE) is a global company that owns exchanges for financial commodity markets and manages 23 global exchanges, including the New York Stock Exchange (NYSE).

As per the announcement, ICE’s new cryptocurrency data service allows real-time and historical data for more than 60 digital currencies from major exchanges and trading markets worldwide.

Blockstream introduced the product under the name ‘Crypto Feed V3’ on its Twitter, asserting that the updated service now incorporates more than 30 venues across over 400 crypto and fiat trading pairs.

The new collaboration aims to provide the global investor with a comprehensive tool to monitor data for the most actively and widely traded digital currencies, the company wrote.

The Cryptocurrency Data Feed incorporates a number of crypto monitoring services like historical data, price discovery and full-depth market by venue insight and by price, and round-the-clock market overview including a calculated accumulated volume, the volume of weighted average price (VWAP) and others.

Furthermore, the new service is supported by ICE’s Secure Financial Transaction Infrastructure (SFTI) tool, which asserts to eliminate downtime for investors and allow prompt notifications in case of an emergency.

In August 2018, ICE had earlier declared its plans to launch Bakkt, regulated, a global ecosystem for digital assets.

As reported earlier, ICE released an update to the launch timeline for Bakkt which had earlier been a targeted 24th Jan. launch date following consultation with the Commodity Futures Trading Commission (CFTC).