Technology

Brave New Coin Acquires Cryptocurrency Newsfeed

Today, Brave New Coin (BNC), a leading data and research company focused on the blockchain and cryptographic assets industry, announced the acquisition of Cryptocurrency Newsfeed (CCNF), an enterprise-grade news platform which provides real-time coverage of all crypto-related news. BNC’s expanded news platform will provide credible, up-to-minute crypto news for global investors interested in blockchain integration and cryptocurrency exploration.

See the press release below

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Brave New Coin

Brave New Coin Expands Comprehensive News Offering For Global Investors With Cryptocurrency Newsfeed Acquisition

Exclusive platform integration to provide emerging institutional players with hand-picked, breaking crypto news

New York, NY — July 10, 2018 — Brave New Coin (BNC), a leading provider of high-value cryptocurrency market data and insights, has announced the acquisition of Cryptocurrency Newsfeed (CCNF), an enterprise-grade news platform providing real-time coverage of all cryptocurrency news. BNC’s expanded news platform will integrate CCNF’s up-to-minute cryptocurrency news and analysis, providing investors with quick, actionable insights, real-time alerts, and customizable industry announcements.

Fran Strajnar, Brave New Coin Founder and CEO, said: “Globally, the market is demanding a credible, independent news aggregation service that mirrors the standard of traditional financial markets. As large, traditional players continue to express interest in blockchain integration and cryptocurrency exploration, being the first out of the gate for breaking market movements and analysis is crucial. CCNF is a balanced engine of human and AI interaction, which will provide credible, well-curated sentiment analysis to BNC’s suite of services for  investment firms, hedge funds, family offices, and retail investors alike.”

BNC’s expanded platform offering is set to launch in August 2018, and will deliver a greater range of utility and content options for users from day one.

Aaron Wise, CEO of Cryptocurrency Newsfeed, said: “With cryptocurrencies maturing as an asset class, the BNC integration comes at a critical time for the sector. The cryptocurrency industry needs a comprehensive news source – one that removes promotional and bias material – on the thousands of coins in existence.  Our trained analysts are providing curated coverage of newsworthy developments affecting the industry, and this partnership will enable us to expand our service across even more coins."

The expansion follows the successful launch of Brave New Coin’s Taxonomy for Cryptographic Assets, the first global classification standard for evaluating and classifying cryptocurrencies. With the CCNF integration, the Taxonomy will now be informed and complemented by the intersection of the CCNF feed and the BNC classification tool.