Binance-Owned Coinmarketcap Buys Coinglass as Data Debate Grows
Coinmarketcap has acquired crypto derivatives analytics platform Coinglass for an undisclosed sum, adding open interest, funding rates, liquidations, and options data to one of the industry’s largest market-data platforms. Coinglass will continue operating independently for now, but the deal has already sparked debate over data concentration, as Coinmarketcap is owned by Binance. Coinmarketcap Adds Coinglass […]
Key Takeaways
- Coinmarketcap has acquired crypto derivatives analytics platform Coinglass for an undisclosed sum, adding open interest, funding rates, liquidations, and options data to one of the industry’s largest market-data platforms.
- Coinglass will continue operating independently for now, but the deal has already sparked debate over data concentration, as Coinmarketcap is owned by Binance.
- Coinmarketcap Adds Coinglass […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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