Forbes Media, in partnership with NewCity Digital, NewCity Capital, and trade.io partner to launch Forbes CryptoMarkets, an online cryptocurrency data aggregator platform.
Forbes Branded Crypto Aggregator
Beta version of a new crypto media and data aggregator platform with Forbes branding has been launched. The new entity – Forbes CryptoMarkets – is a joint venture between NewCity Digital Limited, Forbes Media, NewCity Capital, and trade.io.
The announcement was made via a joint press release published on Monday. According to the release, the platform will feature:
- Real-time pricing and volume information on cryptocurrencies and an initial five cryptocurrency indices worldwide;
- Insights and information on worldwide exchanges such as listed cryptocurrencies, trading pairs, pricing, and volumes;
- A real-time newsfeed aggregating content from leading news organizations and companies, including content from Forbes’ family of sites worldwide;
- Indices tracking the performance of curated baskets of cryptocurrencies; and,
- Content from Forbes.com and other sources, including insightful articles and in-depth video interviews with cryptocurrency pioneers, thought leaders and other experts.
Details of the Partnership
Forbes CryptoMarkets will leverage data from various sources like cryptocurrency exchanges and blockchain related sources to present an objective and comprehensive view of the industry.
The platform will also publish crypto indices which will include Forbes CryptoMarkets Top 30 Global “FB30,” Top 10 Global “FB10,” Top Cryptocurrencies Global, Top 10 Blockchain and DApps Global, as well as indices by sector, industry, and cryptocurrency use-case.
Chien Lee, Chairman of NewCity Capital and Chairman of Forbes CryptoMarkets, said:
We are excited to partner with Forbes to create a trusted source for those seeking information on the new digital economy, including Bitcoin, Ethereum, cryptocurrencies, tokens and the companies underlying them. Forbes CryptoMarkets will be the definitive resource for everything crypto and blockchain.
Also speaking on the matter, Forbes Media CEO Mike Federle said:
Forbes provides the most comprehensive coverage of the cryptocurrency and blockchain marketplaces of any major media business brand in the world. […] Forbes CryptoMarkets, a new licensed business, represents a natural extension of our powerful brand into a new venture that promises to deliver immense value to investors, traders and market watchers.
Jim Preissler, CEO of trade.io and Executive Director of Forbes CryptoMarkets, also offered his thoughts:
Forbes is the most-respected business media brand in the world, and our partnership allows us to bring the same high standard of quality to this cryptocurrency industry. We plan to continue to grow the platform to include all aspects of the industry, such as related investment funds, ICO information, and other relevant data.
The platform plans to add support for seven languages, including English, Chinese, Russian, Korean, Japanese, French and Vietnamese.
Forbes Media is one of the most credible media houses with a global reach of nearly 120 million people worldwide through the Forbes and Forbes Asia magazines plus 40 licensed local editions covering more than 70 countries. The firm’s decision to venture into the cryptocurrency and blockchain domain can be attributed to the fast growth that the industry is witnessing.
What are your thoughts about Forbes lending its name to an online crypto platform? Let us know in the comments below.
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