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CoinMarketCap partners with Vela to include cryptocurrencies in SuperFeed



CoinMarketCap partners with Vela to include cryptocurrencies in SuperFeed
Source: Unsplash

CoinMarketCap considerably the world’s trusted and safe brand of data in the cryptocurrencies world has revealed its plan to work with Vela, a leading independent provider of trading and market access technology for global multi-asset electronic trading. This partnership will definitely add up a more advanced level for the asset coverage in the SuperFeed, Vela’s Market Data.

With this partnership, the clients of the Vela’s company can normally have access to the tokens and the cryptocurrencies that are expanding at a rapid growth by regulating almost 1800 tokens with the successful support of the CoinMarketCap.

Vela with the help of the specialized API of CoinMarketCap can integrate its features into the SuperFeed, the market data sources.

This further has the power to encourage institutions, banks, broker-dealers and other related firms to have access to the CoinMarketCap’s space along with the other traditional market data sources.

The SuperFeed have the tendency to incorporate a systematic data without the support of client infrastructure, possing high level of performance and most importantly reliability and durability that is specifically required for the eligible trading market data sources.

Looking at the features of the Vela’s SuperFeed it can be depicted that the users can rely on this board for the trading purpose. The fun part is that the SuperFeed already embraces 100 markets based on cryptocurrencies along with the data sources. This also covers the European markets, major states of US as well as the continuous growing level of Asian venues.

The CEO of Vela, Jen Nayar commented that

We had a very ardent desire to work with CoinMarketCap and finally the day arrived. The CoinMarketCap will provide our institutional clients with enterprise-grade access to the leading, independent source of the cryptocurrencies data. With crypto being one of the biggest disruptors in our space today, this agreement fortifies Vela’s entry into this innovative digital currency sector. We look forward to working with CoinMarketCap to deliver their world-leading cryptocurrency data to our institutional audience.

There is no doubt that the CoinMarketCap have always offered a wider range of specialized data with their websites, discovering the best covering for the customers as well as the retailers.

Now with the support of advanced and professional data assets, it can enable the industries to move their step further into the independent data sources with the most reliable data that can also set the backup to look for the better strategies intending to launch more upgraded products based on cryptocurrencies.

The founder of CoinMarketcap, Brandon Chez agreed to the comment made by Jen Nayar and further stated that “With our goal to remain the most trusted and accurate data sources in the cryptocurrency community, we are pleased to a partnership with Vela, a well-recognized and independent tech leader in trading and market access.”

One can say that the two most trusted brand has partnered with one another featuring different qualities that can together work as wonder and formulate something different from the other traditional brands.

Disclaimer: Koinalert’s content is only for information purpose in nature and should not be considered as investment advice. Do your own market research before investing in any cryptocurrencies. The author or publication does not hold any responsibility for your personal financial loss.

Rupali Sinha is a journalist at Koinalert. She covers the latest news and updates related to Blockchain technology and cryptocurrencies.