Thomson Reuters adds cryptocurrency data and feeds to 23% of the worlds financial terminals

CryptoCompare, a cryptocurrency market data aggregator. Thomson Reuters will use sentiment data to track trading insights for the top 100 cryptocurrencies. CryptoCompare will now integrate order book and trade data for 50 cryptocurrencies onto Thomson Reuters financial desktop platform which is called Eikon.

CryptoCompare provides accurate market pricing and data on over 5,000 coins and tokens and over 200,000 currency pairs.

Thomson Reuters is a Canadian multinational mass media and information firm that operates in 100 countries and has a staff of 45,000.

CryptoCompare was started in 2014.

Eikon was launched in 2010 and replaced Reuters earlier platform Reuters 3000 Xtra. It provides access to real time market data, news, fundamental data, analytics, trading and messaging tools for financial professionals.

Bloomberg is the financial terminal provider. There are 325,000 Bloomberg terminals currently licensed. Bloomberg controls 33% of the financial data market. Thomson Reuters is number two with 23% of the market share.

Written by Brian Wang, Nextbigfuture

1 thought on “Thomson Reuters adds cryptocurrency data and feeds to 23% of the worlds financial terminals”

  1. Crypto is slowly infiltrating the traditional marketplace … inevitably this will drive more and more capital inflow. The bears have been eating away at crypto for many months now … a good time to research good companies in the space and buy & hold for the long haul.

Comments are closed.