Nasdaq is shifting up the crypto ladder with a brand new “information dissemination relationship” with Brave New Coin (BNC). The partnership will ship real-time Bitcoin and Ethereum index stage info on the Nasdaq International Index Knowledge ServiceSM (GIDS) beginning on Monday, February 25th.
The Bitcoin Liquid Index (BLX) and the Ethereum Liquid Index (ELX) are stated to be designed to offer a real-time spot or reference fee for the value of 1 BTC and 1 ETH respectively, quoted in USD,
Nasdaq states that each indices are calculated utilizing a technique that has been independently audited in opposition to IOSCO ideas.
Nasdaq provides that the BLX is likely one of the most widely-referenced BTC indices amongst crypto merchants and has been calculated again to 2010. Likewise, the ELX has been calculated again to 2014.
BNC is an information and analysis firm targeted on the blockchain and the digital asset sector. Auckland primarily based BNC was based in 2014. The corporate offers information, evaluation, and analysis to a worldwide community of market members.