CoinMarketCap, a leading cryptocurrency data provider, announced this week that it has formed a strategic partnership with Yahoo Finance to provide the website with crypto data and content.
We've confirmed a strategic partnership with @YahooFinance to ? power their #cryptocurrency section! Check the latest ?? market prices, CoinMarketCap indices, and soon – educational content! Read it here ?? https://t.co/mNs8Isj0qs pic.twitter.com/bsATQEX16i
— CoinMarketCap (@CoinMarketCap) November 21, 2019
According to the announcement, CoinMarketCap is now providing information on pricing, market capitalization and other relevant metrics. Additionally, CMC will be bringing its market indices to Yahoo, after previously partnering with NASDAQ, Bloomberg and Thomson Reuters.
“We are thrilled about this partnership which comes timely as we continue to level up our game with the new liquidity-based metrics for ranking market-pairs and an improved pricing algorithm coming soon,” stated the CoinMarketCap team in the announcement. “Yahoo Finance is one of the most respected and widely-adopted finance sites in the world. Through this partnership, we seek to make cryptocurrencies more accessible and drive wider adoption.”
CoinMarketCap’s various content streams are now also incorporated into the new cryptocurrency screener platform on Yahoo Finance.
This news comes as one of CoinMarketCap’s main competitors, Messari, closed a $4 million fundraising round from Uncork Capital with participation from COINBASE Ventures.
More: Powering Yahoo Finance’s cryptocurrency data section and more!
Related: Messari Raises $4 Million From Uncork Capital and Coinbase Ventures
Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.
