Nexo, a cryptocurrency lending platform, has partnered with The Tie, an information provider, to integrate real-time analytics into Nexo’s offerings.
Nexo, a platform for cryptocurrency lending, has announced a partnership with The Tie, a provider of information services for digital assets, to incorporate powerful real-time analytics. As a result of this integration, more users will be able to access data that was previously only available to institutions, which should improve decision-making, risk management, and strategy diversification.
The Tie’s function is to provide information services to digital assets. Among its offerings, the Tie Terminal stands out as a desktop for large-scale investors in digital assets. In addition to sentiment analytics, spot and derivatives data, alternative data, and on-chain data, it also unifies real-time news from several sources.
Thanks to this collaboration, their retail customers will have access to these features. Depending on the asset, users will have access to a variety of indications, such as data from social networking platform X, on-chain activity, gas fees, ownership distribution, and asset descriptions, directly within Nexo’s Markets area.
With this range of analytical tools, they hope to modernize their loyalty program and provide its members with an improved trading experience.
“Learning to analyze and “hear” the market takes time, but it also requires information,” said Elitsa Taskova, the CPO. “Improve your experience, strategies, knowledge, and engagement with valuable data-driven insights.
Together with the Tie, we are acting on our commitment to make sure all users can access market sentiment and movements quickly,” she added.
Nexo is launching the Nexo Token Hunt Initiative, which gives users a chance to win $12 million in rewards
They provide quick fiat on-ramps for over 40 cryptocurrencies, fast cryptocurrency credit lines, asset earn rates, and credit cards backed by cryptocurrency.
The company’s diverse range of goods and services helps consumers increase their bitcoin holdings, and it serves around 7 million people across 200 jurisdictions. The corporation established Nexo Ventures, its investment arm, in 2022 and currently manages 60 portfolio companies, including The Tie.
The Nexo Token Hunt is a new program they introduced not long ago; it aims to offer new and current users $12 million as an incentive to engage with the Nexo ecosystem. It is still running, and it tries to get people to do things on their platform so they can earn points.