Amberdata, a blockchain and crypto-asset data platform, has announced the integration of Stellar (XLM). This comes with the Amberdata team fresh off of receiving an undisclosed amount of funding from several VCs last week.
Stellar is an open and decentralized payment protocol that enables fast cross-border transactions. Amberdata will deliver network data, analytics, metrics, and operational telemetry for the Stellar network. This includes data for Lumens (XLM), currency-backed tokens and assets.
“Amberdata’s API enables easy access to open financial data which aligns with Stellar’s mission of creating equitable access to the global financial system.”
– Denelle Dixon, CEO and Executive Director of Stellar Development Foundation
In addition to Stellar, Amberdata’s platform also supports Ethereum and all Ethereum based tokens, Aion, Bitcoin, Litecoin, Bitcoin Cash, Bitcoin SV, and ZCash.
“Stellar is building a new stack for digital assets and revolutionizing financial networks. Amberdata’s unified data platform and APIs abstract away the complexity of decentralized networks and empower developers to easily build data-driven businesses. By adding Stellar network we unlock hundreds of thousands of new users, including major financial institutions and industry experts.”
– Shawn Douglass, CEO and founder of Amberdata
Founded in 2017, Amberdata’s platform and APIs provide market data, on-chain data, analytics, smart contract, and token activities. Today, its customer base expands across custody providers, exchanges, institutional crypto trading firms, asset managers, research and analytics companies.
XLM has gained in recent days as the Stellar Development Foundation decided to burn billions of lumens.