CryptoQuant Becomes Official On-Chain Data Provider for CME Group

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CryptoQuant, a source of complex on-chain data for Bitcoin, such as exchange flows, miner flows, long-term holders and many others, has just become the official provider of on-chain data for CME Group’s Datamine.

According to the announcement, the platform allows traditional financial institutions to have access to detailed historical data.

CryptoQuant offers its data through CME Datamine, allowing this way traditional financial institutions and hedge funds to purchase the data from the CME Group platform.

CryptoQuant has previously worked with Valkyrie Fund to develop an overview of the Bitcoin market. In addition, it has also developed a patented wallet verification technology that served anti-money-laundering services in 2019.

CryptoQuant CEO Ki Young Ju has said:

“Digital asset investment was considered dangerous speculation compared to other assets such as stocks, gold, or properties. This bias has formed as there was no reliable information in this industry, and investors were purchasing digital assets without a data-based analysis. 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.”