Vela, an independent provider of electronic trading and market access technology has announced a new partnership with CoinMarketCap, a data source for bitcoin and cryptocurrencies. This agreement marks the addition of new asset class coverage for Vela’s Market Data Feed service.
The agreement will provide Vela’s institutional client base with access to an expanding list of more than 1,800 cryptocurrency coins and tokens that are supported by CoinMarketCap.
CoinMarketCap’s API will now be integrated into Vela’s streaming market data feed, SuperFeed.
“We are very excited to be partnering with CoinMarketCap to provide our institutional clients with enterprise-grade access to the leading, independent source of cryptocurrency data. With crypto being one of the biggest disruptors in our space today, this agreement fortifies Vela’s entry into this innovative digital currency sector. We look forward to working with CoinMarketCap to deliver their world-leading cryptocurrency data to our institutional audience.”
CoinMarketCap has always offered a wide range of segmented data via their website, delivering the best possible coverage to individuals and retail users. With the professional data products it now provides, enterprises can tap into this independent source for the most accurate data, essential for back-testing cryptocurrency portfolio strategies, creating cryptocurrency products, and more.
“With our goal to remain the most trusted and accurate source of data for the cryptocurrency community, we are pleased to be partnering with Vela, a well-respected and independent technology leader in trading and market access. Together, we are able to extend our reach to major banks, broker-dealers, and institutional firms so that they can access our information directly.”