Crypto derivatives and copy trading platform Bitget has entered partnership with leading provider of institutional-grade digital asset data, CCData to improve services for institutional investors. The partnership confirms Bitget’s commitment to excellence as it brings comprehensive data solutions tailored for institutional investors.
There’s a recent increase in institutional interest in the crypto space. As a result, the integrity and accuracy of market data – especially for institutional investors – has never been more important.
To try to meet the demand for such data, Bitget has entered this partnership with CCData to give institutional investors access to both real-time and historical market data, powered by a FCA-authorized benchmark administrator.
The choice of CCData couldn’t be more accurate, because it is a major leader in the institutional data sector. The company is known for its expansive coverage and industry-leading data products. Also as a result of the partnership, Bitget users will gain access to CCData’s robust data infrastructure.
CCData is linked with reputable financial data providers, including the esteemed LSEG Data (formerly Refinitiv), and Bitget users will significantly improve their trading with such institutional-grade data
Commenting on the partnership, Bitget Managing Director Gracy Chen said it is an opportunity for institutional investors to optimize their investment strategies.
“Our partnership with CCData heralds a new era of institutional-grade data exposure for our users. This venture not only amplifies our platform’s capabilities but also endows our users with a competitive edge within the dynamic digital asset landscape. Armed with premium data and API connectivity, Bitget users are primed to seize institutional-level opportunities and optimize their investment strategies.”
Making Bitget the Go-to Platform
Bitget has embarked on several reforms this year to improve trading experience for institutional investors as well as retail investors. The integration with CCData however, is one of the most essential of the reforms.
A key way the partnership positively impacts the exchange’s users is its alignment with numerous application programming interfaces (APIs). This expands Bitget’s institutional reach and give them exposure to different financial data sources, products and platforms.
According to CEO and Co-Founder of CCData Charles Hayter, the partnership also gives investors access to high-quality data that will help them make better trading decisions.
“As the digital asset sector continues to grow, it is paramount that market participants have access to high-quality trading platforms and reliable digital asset data. The integration of Bitget into CCData’s robust data infrastructure not only expands our industry-leading coverage of digital asset exchanges, but also allows market participants to seamlessly access and incorporate accurate, actionable digital asset data into their trading decisions,” he stated.
Bitget’s Other Partnerships
The partnership with CCData is just one of several partnerships Bitget has entered into this year. The exchange partnered with digital asset custody provider, Copper to enable off-chain settlement for institutional investors.
Bitget has also been aggressively pursuing expansion to jurisdictions where it has not been, by securing regulatory license. It registered earlier this year as a Virtual Asset Service Provider (VASP) in Poland, expanding its presence in the European Union (EU) region.
Other achievements are its becoming the first centralized exchange to support an EVM-compatible address. This is an address its users can use across multiple blockchains.
Finally, Bitget is awaiting another operational license from Hong Kong’s financial regulator, Hong Kong Monetary Authority. This will give the exchange legal backing to operate in the booming crypto destination as it expands its reach.