ICE Joins Forces with Blockstream to Introduce Crypto Options Data

Thursday, 14/12/2023 | 15:01 GMT by Jared Kirui
  • The data covers 100+ cryptocurrencies in real-time from 30+ global exchanges.
  • This collaboration aims to facilitate accessible and informed trading practices.
crypto flashbacks and predictions

Intercontinental Exchange, Inc. (ICE) has partnered with Blockstream to introduce cryptocurrency options data to the ICE Consolidated Feed's offerings. This development addresses the need for transparency and market insights in the crypto space.

This data platform includes real-time information for over 100 cryptocurrencies from more than 30 venues and exchanges globally sourced. According to a statement shared by ICE, this collaboration aims to provide a service that facilitates accessible and informed trading practices.

The ICE Consolidated Feed is a solution that aggregates content from over 600 data streams. It serves banks, asset managers, and hedge funds. This solution spans multiple asset classes, from equities and derivatives to commodities and ETFs. It offers a range of global financial information.

ICE’s Eyes Soaring Interest in Crypto

Adam Back, the CEO of Blockstream, mentioned: "Interest in the crypto markets has been steadily increasing after seeing key regulatory decisions and positive market responses earlier this year. This is a great time to launch this new offering, and we are pleased to continue working closely with ICE and cryptocurrency exchanges globally to deliver this data service."

Last year, ICE announced the expansion of its global network in Tokyo, Hong Kong, and Shanghai. This move sought to provide low-latency access to local markets, positioning the platform to compete on par with major financial centers in Europe and the United States.

According to ICE, its access centers in Tokyo, Hong Kong, and Shanghai represent a strategic push into the Asian market. These centers are designed to provide traders with connectivity, reduce data transmission latency, accelerate order execution, and strengthen security measures.

ICE Makes Inroads into Blockchain Space

Besides that, the operator of global exchanges and clearing houses disclosed an investment in tZERO, a prominent name in blockchain technology for capital markets. Although the details of the investment were not disclosed, ICE's stake in tZERO positioned the company as a significant minority shareholder.

This move highlighted the entity's interest in leveraging tZERO's expertise in blockchain and digital asset services. tZERO is a rapidly growing entity within the global blockchain ecosystem due to its SEC-regulated alternative trading system and a broker-dealer arm in the digital asset space.

Intercontinental Exchange, Inc. (ICE) has partnered with Blockstream to introduce cryptocurrency options data to the ICE Consolidated Feed's offerings. This development addresses the need for transparency and market insights in the crypto space.

This data platform includes real-time information for over 100 cryptocurrencies from more than 30 venues and exchanges globally sourced. According to a statement shared by ICE, this collaboration aims to provide a service that facilitates accessible and informed trading practices.

The ICE Consolidated Feed is a solution that aggregates content from over 600 data streams. It serves banks, asset managers, and hedge funds. This solution spans multiple asset classes, from equities and derivatives to commodities and ETFs. It offers a range of global financial information.

ICE’s Eyes Soaring Interest in Crypto

Adam Back, the CEO of Blockstream, mentioned: "Interest in the crypto markets has been steadily increasing after seeing key regulatory decisions and positive market responses earlier this year. This is a great time to launch this new offering, and we are pleased to continue working closely with ICE and cryptocurrency exchanges globally to deliver this data service."

Last year, ICE announced the expansion of its global network in Tokyo, Hong Kong, and Shanghai. This move sought to provide low-latency access to local markets, positioning the platform to compete on par with major financial centers in Europe and the United States.

According to ICE, its access centers in Tokyo, Hong Kong, and Shanghai represent a strategic push into the Asian market. These centers are designed to provide traders with connectivity, reduce data transmission latency, accelerate order execution, and strengthen security measures.

ICE Makes Inroads into Blockchain Space

Besides that, the operator of global exchanges and clearing houses disclosed an investment in tZERO, a prominent name in blockchain technology for capital markets. Although the details of the investment were not disclosed, ICE's stake in tZERO positioned the company as a significant minority shareholder.

This move highlighted the entity's interest in leveraging tZERO's expertise in blockchain and digital asset services. tZERO is a rapidly growing entity within the global blockchain ecosystem due to its SEC-regulated alternative trading system and a broker-dealer arm in the digital asset space.

About the Author: Jared Kirui
Jared Kirui
  • 1508 Articles
  • 24 Followers
About the Author: Jared Kirui
Jared is an experienced financial journalist passionate about all things forex and CFDs.
  • 1508 Articles
  • 24 Followers

More from the Author

CryptoCurrency

!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}