Nexo, the institution for digital assets, is announcing the integration of The Tie‘s advanced real-time analytics, providing an edge to traders.
With this tool, Nexo further democratizes “access to data, traditionally almost exclusively available to institutions, and ushers in a new era where more users can make better-informed decisions, mitigate risk, and diversify their strategies.”
The Tie is the provider of information services “for digital assets whose institutional-grade analytics tools are available to retail clients on the Nexo platform via the seamless integration.”
Depending on the asset, users can access “a range of indicators directly in Nexo’s Markets section including X (formerly Twitter) statistics, on-chain activity, gas fees, ownership distribution, and detailed asset descriptions.”
Just in Q1 2024, spot trading volume “on centralized exchanges, stood at $4.29T, marking notable demand from users in the space.”
It was this dynamic that prompted Nexo “to team up with The Tie to enable market participants to trade with the full spectrum of data at their fingertips.”
Learning to analyze and “hear” the market takes time, but it also takes information.
Elitsa Taskova, CPO of Nexo:
“Together with the Tie, we are acting on their commitment to ensure all users have fast access to market sentiment and movements, enhancing their experience, strategies, knowledge, and engagement through valuable data-driven insights,”
Joshua Frank, Co-Founder & CEO of The Tie, added,
“We are thrilled to announce our latest partnership with Nexo that introduces real-time analytics tools on their platform. Nexo users will now have access to the same industry-leading metrics that we provide to over one hundred institutional clients on The Tie Terminal. We commend Nexo’s vision to integrate The Tie’s extensive tools in order to build an enhanced, robust, and unique trading experience for individual investors.”
The Tie has been “among Nexo Ventures’ 60+ portfolio companies since March 2022.”
The current integration highlights “the long-term effects of corporate investments, and the significance of Nexo Ventures’ philosophy of building long-term strategic partnerships with its portfolio companies, ultimately bringing added value directly to clients.”
With this comprehensive suite of analytical tools, Nexo is also ?”enriching its already tried-and-tested Loyalty program, while continuing to innovate and enhance its overall trading experience.”
As covered, Nexo claims that it is among the leading digital assets institutions.
The company’s mission is “to maximize the value and utility of digital assets by offering a comprehensive suite of products that include advanced trading solutions for retail and institutional clients, aggregation of liquidity from leading venues, and flexible asset-backed credit lines.”
In 2022, the company launched its investment arm Nexo Ventures, which “now boasts over 60 portfolio companies.”
Nexo has processed $130+ billion “for 7,000,000+ satisfied users across more than 200 jurisdictions.”
