Blockchain

Nexo integrates The Tie’s analytics to expand data own invade access for users

Nexo introduced an integration with The Tie to boost its platform with real-time analytics for its customers.

The combination permits Nexo customers to entry numerous indicators, together with X (previously Twitter) statistics, on-chain exercise, gasoline charges, possession distribution, and detailed asset descriptions. The motion aligns with Nexo’s purpose of creating information accessible to all and enhancing the buying and selling expertise for customers.

Elitsa Taskova, Nexo’s Chief Product Officer, emphasised the significance of equipping customers with instruments to grasp market dynamics, given the $4.29 trillion buying and selling quantity on centralized exchanges within the first quarter of 2024.

“This integration brings institutional-grade analytics to the retail customers and in doing so makes it very important to current information in a manner that’s digestible for all buyers. Consumer expertise (UX) is our forte – Nexo’s integration ensures analytics information is at all times useful, clear, and clutter-free. It’s not solely accessible but in addition comprehensible and usable,” Taskova informed crypto.information.

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Taskova additional highlighted the necessity for well timed and built-in information inside the cryptocurrency market, noting that customers typically face delays in decision-making as a result of reliance on slower, conventional sentiment evaluation strategies.

She emphasised the significance of offering present information that’s seamlessly built-in into the buying and selling atmosphere, specializing in the fast, social nature of web3 data.

Joshua Frank, CEO of The Tie, commented: “We recognize Nexo’s imaginative and prescient of incorporating The Ties instruments to create a tailor-made buying and selling expertise for buyers,” mentioned Frank.

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The combination enhances Nexos’ companies and boosts its Loyalty program as a part of the corporate’s dedication to innovation and enchancment. The collaboration stems from the partnership between Nexo and The Tie, which has been in Nexo Ventures’ portfolio since March 2022.

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