Nasdaq adds an index for cryptocurrency XRP to its global data service The Nasdaq stock exchange has added an index to its platform that allows you to track the movements of the third largest cryptocurrency XRP.

Nasdaq Adds Index For XRP Cryptocurrency To Its Global Data Service

The Nasdaq Stock Exchange adds an index to its platform to track the movements of the third largest cryptocurrency XRP.

According to a statement from the exchange, the tool is implemented in conjunction with the New Zealand blockchain data provider Brave New Coin and will be available from May 1.. XRP Liquid Index (XRPLX) will provide the spot and reference rate of XRP to USD based on the most liquid exchanges in the market.

“XRPLX only takes data from the most liquid exchanges in terms of volume and depth of order books. Currently these are Bitfinex, Bitstamp, Poloniex and Kraken. Coinbase will be added during the next revision, "Brave New Coin said.

The XRP index will be added to the Nasdaq Global Index Data ServiceSM (GIDS) platform and will allow you to view historical data on the movement of the cryptocurrency rate up to 2014.

Earlier this year, Nasdaq added the Brave New Coin Indices for Bitcoin and Ether. Also in March, the exchange integrated CoinMarketCap indices, which allow you to monitor the behavior of the 200 largest cryptocurrencies with and without Bitcoin..

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