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Nexo and Amberdata Partner to Enhance Institutional Digital Assets Markets and Insights

Nexo, the leading regulated institution for digital assets, and Amberdata, the industry leader in institutional digital asset and blockchain data, have formed a partnership that will further upgrade and bring transparency to Nexo’s data infrastructure.

As part of their collaboration, Amberdata will provide Nexo with both real-time and historical institutional data sets and analytics, instrumental to the company’s culture of sustained product innovation and continuous assessment of the market’s needs.

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Being the leading provider of digital market data, Amberdata has an excellent track record in futures, spot, and DEX & DeFi coverage. Integrations with its institutional-grade streams have historically translated into new opportunities and capabilities for its partners and Nexo is the latest company to take advantage of the wide range of data available at its fingertips. With the new set of faultless data sources, Nexo will provide another layer of transparency by making everything from decentralized data sets to standardized trade aggregations publicly available. Simultaneously, Nexo’s Borrow and Earn offerings will benefit from Amberdata’s lightning-fast market data delivery, upgraded asset coverage, and top-tier reference rates.

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With the unprecedented expansion of decentralized finance (DeFi) over the past year, Amberdata has become the go-to data provider to decentralized exchanges, including Uniswap and Sushiswap. Now, it is also adding Nexo, a prominent licensed and regulated institution in the space to its impressive clientele.

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“At Nexo, providing cutting-edge data security and transparency to the corporate clients and institutional investors who have entrusted us with their billions worth of assets is beyond question. The decision to partner with Amberdata was the most natural one, since their high-fidelity data streams bring unparalleled visibility into the digital asset markets,” commented Nexo Co-founder and Managing Partner Antoni Trenchev.

“We’re thrilled to provide enterprise-grade digital asset data for market leaders like Nexo,” stated Amberdata Co-founder Shawn Douglass. “When Nexo approached us to become their main data provider, we knew we could provide the platform with top-tier asset coverage, deep analytics, risk mitigation tools & collaborate on new features.”

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