CryptoQuant Becomes Official Provider Of On-Block Data For CME Group’s Datamine

CryptoQuant, a leading on-chain data platform, has become the official provider of on-block data for CME Group’s Datamine, that allows traditional financial institutions to access detailed historical block chain information, according to the press release published on 25th October.

The company delivers its data via CME Datamine, the first and only on-chain data provider of CME Datamine as of July 2022, allowing conventional financial institutions and hedge funds to acquire the data from the CME Group platform.

In addition, they may now access CryptoQuant’s data on digital assets through the CME Group Datamine service.

However, the most trustworthy source of complicated on-chain data for Bitcoin, including exchange flows, miner flows, long-term holders, and several others, is considered to be CryptoQuant data.

The company, which is cited by several reliable media outlets including Forbes, Bloomberg, and CNBC, has also collaborated with Valkyrie Fund to create an overview of the Bitcoin market, helping to secure Valkyrie’s Bitcoin Futures ETF’s US regulatory clearance.

In the past, the company created a patented wallet verification system that provided anti-money-laundering services in 2019. 

The notorious criminals responsible for the Nth Room incident were found and apprehended with the help of CryptoQuant and the Korean National Police Agency. 

Since then, the firm has experienced exponential growth and now serves over 200 institutional clients in addition to regular trading in over 200 nations.

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CryptoQuant CEO Ki Young Ju, said in the press release:

CryptoQuant’s main goal is to enable investors to redefine the way of digital asset investment, and to provide fundamental for digital asset valuation based on the data.

Furthermore, the company expects to become a mainstay of the conventional financial sector as a result of its cooperation with CME Group and is actively seeking additional employees to satisfy the expectations of the institutions. Additionally, Hashed, Galaxy Interactive, and other significant ecosystem backers support CryptoQuant.

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