Share this article

Nasdaq's Quandl Institutional Data Platform to Add Crypto Reference Prices

The Nasdaq-owned financial data platform for institutional investors is adding cryptocurrency reference prices from CryptoCompare.

Updated Sep 13, 2021, 9:18 a.m. Published Jun 11, 2019, 12:36 p.m.
(Shutterstock)
(Shutterstock)

A Nasdaq-owned financial data platform for institutional investors is adding cryptocurrency reference prices.

Nasdaq's Quandl platform will source its price information from cryptocurrency price and indices provider CryptoCompare. Based on CryptoCompare’s aggregate index datasets, the product will provide up-to-date pricing data for the "most liquid" cryptocurrency markets, according to a press release published Tuesday.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

Nasdaq and CryptoCompare have agreed a strategic partnership for the new service, called the Nasdaq/CryptoCompare Aggregate Crypto Reference Prices.

Charles Hayter, CryptoCompare's co-founder and CEO, said:

“We are delighted to partner with Nasdaq on a joint Aggregate Crypto Reference Prices product. Reliable data is the bedrock of transparent, liquid markets and by bringing our high quality, granular dataset to a global institutional client base, via the Quandl platform, we will give traders and investors a competitive edge.”

Quandl

provides institutional investors such as hedge funds, asset managers and investment banks with financial, economic and other datasets.

The new data product will enable institutional investors to monitor crypto assets and gauge investment opportunities using a "trusted data source," according to the release. The reference prices will, it added, boost institutional capabilities in the cryptocurrency markets across trading strategy, quantitative research, risk modelling, NAV calculations and back-testing.

Nasdaq image via Shutterstock

More For You

Pudgy Penguins: A New Blueprint for Tokenized Culture

Pudgy Title Image

Pudgy Penguins is building a multi-vertical consumer IP platform — combining phygital products, games, NFTs and PENGU to monetize culture at scale.

What to know:

Pudgy Penguins is emerging as one of the strongest NFT-native brands of this cycle, shifting from speculative “digital luxury goods” into a multi-vertical consumer IP platform. Its strategy is to acquire users through mainstream channels first; toys, retail partnerships and viral media, then onboard them into Web3 through games, NFTs and the PENGU token.

The ecosystem now spans phygital products (> $13M retail sales and >1M units sold), games and experiences (Pudgy Party surpassed 500k downloads in two weeks), and a widely distributed token (airdropped to 6M+ wallets). While the market is currently pricing Pudgy at a premium relative to traditional IP peers, sustained success depends on execution across retail expansion, gaming adoption and deeper token utility.

More For You

Bitcoin tumbles to 2026 low of $85,200 as gold reverses big gains, Microsoft leads Nasdaq lower

Bitcoin (BTC) price Jan. 29 (CoinDesk)

Soaring to $5,600 at one point earlier on Thursday, gold quickly pulled back to below the $5,200 level in U.S. morning trade.

What to know:

  • Already sitting on overnight losses, bitcoin's decline accelerated in U.S. morning trade, with the price falling back to $85,200, a new low for 2026.
  • The quick selloff came amid a reversal in gold’s breathtaking rally, which had sent the yellow metal soaring above $5,600 at one point Thursday before quickly falling back to $5,200.
  • The Nasdaq was also sharply lower, falling 1.5%, as Microsoft declined more than 11% following its fourth-quarter earnings report.