Nikolas Sargeant
VILNIUS, May 28, 2024 – Nexo, the premier digital assets institution, announces a groundbreaking integration with The Tie's advanced real-time analytics, empowering traders with unparalleled insights. This move represents Nexo's commitment to democratizing access to data, traditionally reserved for institutions, ushering in an era where users of all levels can make informed decisions, manage risk, and diversify their strategies with confidence.
The Tie, renowned for its institutional-grade analytics tools in the digital asset sphere, now extends its offerings to retail clients through seamless integration with Nexo's platform. Within Nexo’s Markets section, users gain direct access to a variety of indicators including X (formerly Twitter) statistics, on-chain activity, gas fees, ownership distribution, and comprehensive asset descriptions, tailored to specific assets.
In Q1 2024 alone, spot trading volume on centralized exchanges reached $4.29 trillion, underscoring the robust demand within the industry. This trend prompted Nexo to collaborate with The Tie, providing market participants with comprehensive data for informed trading decisions.
Elitsa Taskova, Nexo's Chief Product Officer, remarked, “Understanding and interpreting market dynamics requires both time and information. Through our partnership with The Tie, we are fulfilling our commitment to equip all users with swift access to market sentiment and trends, enriching their experience, strategies, knowledge, and engagement with valuable data-driven insights.”
Joshua Frank, Co-Founder & CEO of The Tie, echoed the sentiment, stating, "We are excited to unveil our latest partnership with Nexo, offering real-time analytics tools on their platform. Nexo users will now benefit from the same cutting-edge metrics utilized by over one hundred institutional clients on The Tie Terminal. We applaud Nexo's vision in integrating The Tie’s extensive tools to cultivate an enhanced, robust, and distinctive trading experience for individual investors."
Since March 2022, The Tie has been among Nexo Ventures' 60+ portfolio companies, showcasing the enduring impact of strategic investments. This integration underscores Nexo Ventures’ commitment to fostering long-term partnerships, ultimately delivering added value directly to clients.
With this comprehensive suite of analytical tools, Nexo further enhances its renowned Loyalty program, while maintaining its commitment to innovation and enriching the overall trading experience for its users.
