Nexo enhances trading experience with advanced real-time analytics from The Tie

Nexo, a leading institution for digital assets, has announced the integration of The Tie’s advanced real-time analytics into its platform.

This move aims to democratize access to institutional-grade trading data, providing retail investors with powerful tools to enhance their trading strategies.

Comprehensive analytics for informed trading

The new analytics tool offers a range of features including real-time X (formerly Twitter) statistics, on-chain activity, gas fees, ownership distribution, and detailed asset descriptions.

These indicators are seamlessly integrated into Nexo’s Markets section, enabling users to make better-informed decisions, mitigate risks, and diversify their strategies effectively.

Responding to market demand

In Q1 2024, the spot trading volume on centralized exchanges reached $4.29 trillion, reflecting significant demand from users.

This dynamic prompted Nexo to partner with The Tie, aiming to equip market participants with a comprehensive spectrum of data.

Elitsa Taskova, CPO of Nexo, said,

“Learning to analyze and ‘hear’ the market takes time, but it also takes information. Together with The Tie, we are acting on our commitment to ensure all users have fast access to market sentiment and movements, enhancing their experience, strategies, knowledge, and engagement through valuable data-driven insights,”

A new era for retail investors

Joshua Frank, Co-Founder & CEO of The Tie, said,

“We are thrilled to announce our latest partnership with Nexo that introduces real-time analytics tools on their platform. Nexo users will now have access to the same industry-leading metrics that we provide to over one hundred institutional clients on The Tie Terminal. We commend Nexo’s vision to integrate The Tie’s extensive tools in order to build an enhanced, robust, and unique trading experience for individual investors.”

The post Nexo enhances trading experience with advanced real-time analytics from The Tie appeared first on Invezz