Fidelity Jumps Further Into the Crypto Game With New Analytics Tool
Fidelity is launching a new crypto analytics tool to give its investors better market and blockchain data.
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Apr 30, 2021
Fidelity is launching a new crypto analytics tool to give its investors better market and blockchain data.
Fidelity launched its digital assets arm 2019 and now it s seeking to provide more tools for investors. In a press release, the financial services giant said it would be introducing a new analytics solution for institutional investors.
The platform, called Sherlock, offers streamlined access to fundamental and technical data about development ecosystems, network activity, trading, social media activity, news and other research on digital assets from some of the leading institutional data providers, as well as unique analytics to help investors evaluate the market, according to the press release.
Fidelity Launches Crypto Analytics Platform Sherlock
15 hours ago by Oluwapelumi Adejumo · 3 min read
Photo: Depositphotos
With its Sherlock platform, Fidelity aims to beat competitors in the data analysis space.
Fidelity Investments, a well-known asset manager famous for its foray into the crypto space, has unveiled another ingenious development among its list of services. On the 29th of April, Fidelity revealed a new program it had developed which was capable of analysing and collating data from digital assets. The program, known as Sherlock, will ”collect and perform fundamental and technical data analysis on blockchain, market forces, social sentiment and industry developments.”
Fidelity Investments has announced the launch of a new digital asset data and analytics solution targeted at institutional investors.
What Happened: Fidelity’s new tool will offer investors streamlined access to fundamental and technical data about development ecosystems, network activity, trading, social media activity, news, and other research on digital assets, along with analytics to evaluate the market.
The all-encompassing tool is similar to the Bloomberg terminal, except the focus will be exclusively on digital assets.
“It’s been exciting to see the tremendous growth in the digital assets data space over the past few years, and while the market is maturing rapidly, we’ve heard from institutional investors that there’s still a need for a comprehensive and accessible data solution,” said Kevin Vora, vice president of Product Management at Fidelity Center for Applied Technology (FCAT).
Firms/companies > R > Reliance Industries
Reliance Infra sells its Mumbai headquarters to Yes Bank for Rs1,200 cr in debt redumption
05 April 2021
The Anil Ambani-led Reliance Infrastructure has sold Reliance Centre, the premises housing the group’s headquarters, to Yes Bank for Rs1,200 crore as part of a debt repayment process.
Reliance Infrastructure Limited (RInfra) and Yes Bank Limited (Yes Bank) on Thursday announced the sale transaction of Reliance Centre, Santacruz, Mumbai to Yes Bank. The transaction value is Rs 1,200 crore, Reliance said in a stock exchange filing.
“Entire proceeds from the sale of Reliance Centre, Santacruz, is utilized only to repay the debt of Yes Bank”, as per the stock exchange filing.
Reliance Infra s headquarters was sold to Yes Bank for Rs 1,200 crore sandesh.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sandesh.com Daily Mail and Mail on Sunday newspapers.