Intercontinental Exchange (ICE) is operating company of New York Stock Exchange. ICE intends to deliver the prices of more than 15 leading crypto currencies to its customers worldwide in cooperation with start-up Blockstream. This is another step from Bitcoin & Co. towards mainstream.
As reported by Wall Street Journal last Thursday, new partners want to distribute the price data to countless private investors and employees of financial companies, hedge funds, investment and trading companies. IT service provider Blockstream from Atlanta delivers data and evaluates it, ICE is as the operator of the New York Stock Exchange traditionally linking to the recipients of the desired information.
This is another sign that the US largest stock market is finally ready to take this new market seriously. The data should be available from March this year. Cryptocurrencies should be used to show the clients in real time prices of Bitcoin, Ethereum, Litecoin, Dash, Ripple, Bitcoin Cash and other Coins. New dataset should include Bitcoin price history of last two years. In addition, customers will be informed in future about parallels in the development of the observed cryptocurrencies.
Positive signals from financial world, which come at just the right time. Example of New York should soon be followed by other trading centers around the world. As a result, the subject of cryptocurrencies will be indispensable soon to the regular daily business of brokers.
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Categories: Crypto Currency