December 4, 2023


Put A Technology

Nansen strikes deal with Google Cloud to provide real-time market data


Blockchain facts analytics platform Nansen has struck a multi-year collaboration deal with Google Cloud to give crypto buyers with true-time accessibility to market place intelligence, the Accel and GIC-backed company announced on Thursday. 

See related report: Foxconn’s Taiwan subsidiary gets expenditure from Google for metaverse initiatives

Rapidly specifics

  • Working its system on Google Cloud’s open and scalable infrastructure will aid Nansen accelerate the introduction of new merchandise, a press launch explained. 
  • Founded in 2020, Nansen is backed by marquee investors which includes Accel, Andreessen Horowitz (a16z), Thailand’s Siam Business Bank subsidiary SCB 10X, and Singapore sovereign prosperity fund GIC.
  • “As we draw in extra customers and deliver all the market intelligence an personal or establishment needs beneath a person roof — by integrating with extra proof-of-stake (PoS) blockchain and off-chain data sources — we’re doubling down on Google Cloud to continue to be ahead of a number of advancement proportions,” explained Nansen co-founder and CEO Alex Svanevik.
  • Access to Nansen’s knowledge will assist market place makers, hedge fund supervisors, and asset managers educate their algorithms to anticipate sector actions, create reports, metrics, and carry out thanks diligence inside their firms’ know-how systems, the launch claimed.
  • Nansen aims to use Google Cloud to link with layer-1 protocols to present buyers with a extensive check out of their portfolios across various wallets, the business stated. 

See similar report: Why massive buyers are pouring funds into blockchain details analytics for crypto


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