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Nansen strikes deal with Google Cloud to provide real-time market data

Nansen strikes deal with Google Cloud to provide real-time market data

Blockchain information analytics platform Nansen has struck a multi-year collaboration take care of Google Cloud to supply crypto traders with real-time entry to market intelligence, the Accel and GIC-backed agency introduced on Thursday. 

Quick info

  • Operating its platform on Google Cloud’s open and scalable infrastructure will assist Nansen speed up the introduction of latest merchandise, a press launch mentioned. 
  • Based in 2020, Nansen is backed by marquee traders together with Accel, Andreessen Horowitz (a16z), Thailand’s Siam Industrial Financial institution subsidiary SCB 10X, and Singapore sovereign wealth fund GIC.
  • “As we appeal to extra customers and produce all of the market intelligence a person or establishment wants below one roof — by integrating with extra proof-of-stake (PoS) blockchain and off-chain information sources — we’re doubling down on Google Cloud to remain forward of a number of development dimensions,” mentioned Nansen co-founder and CEO Alex Svanevik.
  • Entry to Nansen’s information will assist market makers, hedge fund managers, and asset managers practice their algorithms to anticipate market actions, generate reviews, metrics, and conduct due diligence inside their corporations’ know-how programs, the discharge mentioned.
  • Nansen goals to make use of Google Cloud to attach with layer-1 protocols to supply traders with a complete view of their portfolios throughout completely different wallets, the agency mentioned. 

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