The Intercontinental Exchange (ICE) has entered a partnership with Blockstream, a major blockchain provider, in order to launch a cryptocurrency tracing tool for investors trading on its platforms. an official statement from ICE Data Services, the companies will launch the ICE Cryptocurrency Data Feed, a tool that delivers both real-time and historical data for over 60 of the world’s most traded cryptocurrencies. Blockstream has also the launch of the new product, saying that the “Crypto Feed V3,” as they call it, includes more than 30 venues across over 400 crypto and fiat trading pairs.
The new tracking service is aimed towards global investors trading in large volume and intends to provide them with an all-in-one tool to monitor data for the most actively and widely traded cryptocurrencies. As the ICE currently operates 23 global financial commodity market exchanges, including the New York Stock Exchange (NYSE), the move has been recognized as a huge step forward for the entire crypto industry. The launch of the ICE Cryptocurrency Data Feed comes just days after the scheduled release of Bakkt, the company’s ecosystem for digital assets. back in August 2018, Bakkt the January 24 launch date due to pending reviews with the US Commodity Futures Trading Commission (CFTC).