AAX, an institutional-grade cryptocurrency exchange, has added more tools for its user base to harness through an integration with The Tie
The Tie is a cryptocurrency market data supplier that offers predicted sentiment analytics, fundamental research, and market statistics. This month, the integration will be done. Based on real-time news, quantified sentiment analytics, and volume alerts, the partnership allows AAX to deliver a more complete insight of the crypto markets at a glance. Investors may immediately recognize and act on significant signals using the visual data to enhance their portfolio growth.
The New York-based business uses artificial intelligence to scan news and social media information, as well as give users with a set of indicators to help them conduct due diligence, uncover influential themes, and keep track of each item transacted on the site. The Tie uses patented technology to extract data from mainstream media, finance magazines, and crypto news channels in order to aid in trend discovery and sentiment research for a specific coin.
AAX users will now have access to real-time news feeds for every asset traded on the AAX platform, sourced from mainstream media, finance journals, and crypto news channels. Aside from these capabilities, users will have access to better crypto intelligence tools via a custom-tailored aggregated feed that only provides news relevant to their portfolio. The Tie will also provide AAX customers with individual sentiment scores for over 130 crypto assets, contrasting between positive and negative market sentiment.
Ben Caselin, AAX’s head of research and strategy, emphasizes the importance of this collaboration for the application’s UX/UI development: “With this partnership, AAX is able to further its core mission of leveling the playing field for crypto investors and providing the most empowering trading experience to users on our platform. Our collaboration with The Tie is also part of a larger goal to position our platform at the center of society, not only to keep on top of major trends, but also to evolve our vision and better engage the public.”
The first connection with a crypto service, according to Joshua Frank, co-Founder and CEO of The Tie, is a major milestone for The Tie: “We’re thrilled to be collaborating with AAX to provide The Tie’s institutional-grade crypto analytics to a wider audience. Crypto is all about financial democratization, and thanks to this agreement, our data is now accessible to millions of traders all over the world.”