CryptoCompare Eyes Asia Cryptocurrency Indexes

The cryptocurrency data provider and index operator plans to exploit demand for digital currency trading in APAC by launching index products in the region.

Asia data

Digital currency data provider CryptoCompare is preparing to launch digital currency indexes for Asian markets to help drive the takeup of trading digital assets and market data in the region.

The vendor began talks with an as-yet-unnamed regional partner in April, and expects to have a product ready by August.

“We think the Far East will be very fertile ground for us—some of the big institutional names in Asia are really looking at us,” says James Harris, commercial director at CryptoCompare

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