Boston, MA & New York, NY (PRWEB) July 13, 2015
FinTech Sandbox and TradeBlock announced today that TradeBlock will provide free access to digital currency and block chain data to startups participating in the innovative Sandbox program. FinTech Sandbox residents may use this data up to six months for development, testing and customer demonstrations purposes. The free data TradeBlock is making available includes:
Trading & index data
Economy / block chain data
Computational / mining network data
For each category, TradeBlock offers live and historical raw data, as well as proprietary indices. For example, the TradeBlock XBX index represents a reliable, real-time, USD-equivalent spot rate for bitcoin. TradeBlock joins other leading data partners in the program, including Benzinga, FactSet, Plaid, S&P Capital IQ, SIX Financial Information, Thomson Reuters, Tradier, Xignite, and Yodlee. TradeBlock is itself a startup backed by Andreessen Horowitz, FinTech Collective, Devonshire Investors, Bitcoin Opportunity Corp., and Data Collective.
FinTech Sandbox is a nonprofit whose mission is to promote entrepreneurship and innovation globally in the financial technology sector. Unique among organizations supporting startups in the burgeoning global FinTech ecosystem, FinTech Sandbox facilitates free access to financial data and infrastructure to up-and-coming startups. The six-month program includes:
A robust set of data feeds and APIs from a wide array of data partners
Cloud hosting from industry-leading infrastructure partners
Membership in a vibrant, global FinTech community
“We are committed to providing our clients with the most reliable data feeds for all aspects of the digital currency economy,” said TradeBlock CEO Greg Schvey. “There are still tremendous opportunities for innovators working with digital currency trading and block chain technologies. We’re excited to see how FinTech Sandbox participants will leverage our data.”
“We see increased interest from incumbent Financial Institutions in digital ledger technology," commented Jean Donnelly, FinTech Sandbox executive director. "They are looking for partnerships with startups with this expertise. That's one of the reasons we are excited to partner with TradeBlock."
TradeBlock provides live and historical data for all aspects of the digital currency economy. It is the world's leading provider of institutional execution and analysis tools for digital currency markets, capitalizing on block chain technologies to optimize trading operations. More information can be found at https://tradeblock.com/ and https://twitter.com/tradeblock.
About FinTech Sandbox
FinTech Sandbox is a Boston-based nonprofit founded to promote financial technology innovation globally by providing access to critical data and resources to FinTech entrepreneurs and startups. Sponsors include Fidelity Investments, Devonshire Investors, Thomson Reuters, Silicon Valley Bank, Amazon Web Services, Intel, SIX Financial Information, Goodwin Procter and .406 Ventures. For more information, please visit http://www.fintechsandbox.org.