Entrepreneurs, managers and others seeking business insights about cryptocurrencies need compliance-ready crypto market data to guide their decisions and facilitate interactions with regulators. These trustworthy tools enable users to access reliable information on convenient platforms, making all necessary information readily available with just a few clicks. What are the best tools for accessing compliance-ready crypto market data, and which characteristics make them stand out?
Methodology
The leading crypto market data tools include user-friendly interfaces, reliable data sources and information presented in standardized formats to improve readability. These options also include numerous features to ease decision-making and enhance confidence.
1. Amberdata
Amberdata is an institutional-grade digital asset platform that provides comprehensive coverage of crypto markets, blockchains and DeFi. Its datasets are the most thorough and easy to consume on the market, making them ideal regardless of users’ backgrounds or reasons for using crypto market data tools.
Users can access real-time and historical prices, trades and order books from major crypto exchanges. The cleaned and standardized information makes it easy to compare across venues.
The tool’s wallet intelligence feature allows people to track balances and transactions for crypto wallets across multiple blockchains. They can quickly identify who holds what and confirm funds’ movements to detect unusual activity and maintain regulatory compliance. Parties interested in analyzing network usage and adoption trends will appreciate the on-chain intelligence information. It shows core blockchain activity data, including transactions, active addresses and fees.
Key Features
| This tool’s comprehensive digital asset benchmarks ensure regulatory compliance and allow users to establish fair market values for crypto assets, assess volatility and more. | Because Amberdata has institutional-grade reference rates, it provides the most accurate representation of supply and demand. The system weights recent data more heavily, ensuring its relevance and accuracy. |
| Traders can access hourly and daily benchmark rates, helping them settle cryptocurrencies effectively and efficiently. | This provider is SOC I and SOC II compliant and aligned with generally accepted accounting principles (GAAP). |
2. Elliptic
Established in 2013, Elliptic pioneered using blockchain analytics for financial crime compliance. It is a top provider of crypto compliance solutions trusted by users worldwide. Because this business has more than 100 billion digital asset data points to reference, it is a trustworthy and comprehensive source.
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The product enables ongoing compliance monitoring, allowing users to efficiently and proactively manage risk-exposure fluctuations related to wallets, entities and transactions. Numerous automated solutions minimize the manual handling of risk detection and notifications, making compliance programs more effective.
This tool’s real-time blockchain intelligence lets users benefit from scalable workflows and threat monitoring. The company also maintains regulated, trusted attribution data using the combined methods of manual curation, proprietary clustering, and machine learning to facilitate verifiability and transparency.
Automatic rescreening of previous wallets and transactions occurs when significant shifts indicate potential abnormal activity. The customizable alert criteria allow businesspeople and others to receive only relevant notifications, allowing them to focus their attention without false alarms or unnecessary information.
Key Features
| This provider is the only blockchain analytics provider recognized by the World Economic Forum as a Technology Pioneer. | This company monitors 99% of all digital asset trading volume, making it a comprehensive solution. |
| Over 700 users across 30 countries use this solution. | The provider screens more than a billion digital asset transactions every week. |
3. SIX
SIX provides technological solutions for the financial industry, facilitating information flows and transactions between investors, service providers and other entities around the world. This entity operates the infrastructure for the Swiss and Spanish financial centers, playing an instrumental role in engagements between the markets’ key players.
It provides financial information, exchange services and banking support to increase quality innovation and efficiency along value chains. The brand is also creating a digital, future-ready infrastructure, which explains its interest in the cryptocurrency market.
The company’s owners and main service users are approximately 100 national and international financial institutions. A close relationship with them brings guaranteed stability to the infrastructure and its processes, enabling them to keep pace with clients’ evolving business needs and facilitate competitive pricing.
Customers using SIX’s crypto asset services benefit from real-time insights, valuable analytics and reliable compliance data. User-friendly interfaces and delivery tools help users seamlessly integrate the retrieved information into their workflows and take action when needed.
Key Features
| This company’s data offering encompasses 85% of worldwide cryptocurrency market activities, resulting in 22,400 listings. | The company’s services apply to all the world’s relevant financial markets, making it a comprehensive information source. |
| The brand’s crypto indices track the performance of the largest and most well-known assets. | Interested customers can request complimentary demos to experience the powerful analytics and other capabilities. |
4. Kaiko
Kaiko gives users easy access to compliance-ready crypto market data as a provider of trusted, actionable and transparent information. Financial institutions rely on it when operating within centralized and decentralized digital asset markets. Online data-usage guides inspire people about how to derive maximum value from the platform’s information, giving them helpful suggestions, especially if they are relatively new to cryptocurrencies.
The platform’s business intelligence features enable informed decision-making and give users comprehensive insights. Customers can also create and list competitive derivatives offerings by using plug-and-play crypto benchmarks. The fully customizable and compliant digital asset indices personalize the user experience and save time.
The brand’s interactive Instruments Explorer tool helps potential customers familiarize themselves with the data coverage and download reference data by instrument, exchange or asset. People can also download in-depth methodologies to learn how the company handles its data and treats things such as fair market value, implied volatility or best-execution pricing. That transparency increases confidence.
Key Features
| This provider is SOC-2 Type II certified and compliant with the European Union’s Benchmark Regulation, giving it broadly applicable trustworthiness. | Kaiko has the industry’s most extensive range of data distribution channels. |
| Because the company offers 24/7 global support, users enjoy straightforward onboarding processes regardless of their specific use cases. | The availability of auditable and regulatory-compliant data has established this brand as a trusted entity for over a decade. |
What Are the Best Tools for Accessing Compliance-Ready Crypto Market Data?
These companies have the data access, feature-filled interfaces and reliability that make them outstanding choices in this niche. Businesspeople interested in using one of these tools for their cryptocurrency research should contact the providers to learn more and describe anticipated use cases before finalizing their decisions.
