- Leading market data API company Xignite launched its cryptocurrency API, XigniteCrypto API, this week.
- The new offering helps wealth managers and brokers serve clients interested in trading or investing in digital assets.
- The XigniteCrypto API provides real-time and historical data on more than 900 different cryptocurrencies.
Market data API provider Xignite has launched a new solution to help its broker and wealth management customers take advantage of the cryptocurrency revolution. This week, the San Mateo, California-based fintech introduced the XigniteCrypto API, the first API of its kind to combine the large and growing universe of cryptocurrency information with the stock, exchange-traded fund (ETF), and options data that brokers and wealth managers rely upon to serve their clients.
Xignite CEO and founder Stephane Dubois highlighted the challenge of working with cryptocurrencies for the average broker or wealth manager. “Cryptocurrencies tend to operate in their own world,” he explained. “This means that if you want to offer integrated equity, option, and crypto trading or analytics for your clients, you are going to have to cobble up a lot of heterogeneous data from many disparate sources, and that’s a pain.”
The new cryptocurrency API provides real-time and historical quotes for more than 900 different cryptocurrencies, including coins and tokens. The solution features unique API endpoints to help brokers and wealth managers engage digital traders and investors, and provides data and tools such as price alerts, historical charting, currency conversion, and news to help customers make sound trading and investing decisions using cryptocurrencies.
“With our new crypto API, you get the depth of coverage, the quality, and the reliability across all asset classes you need to grow your business – all in one integrated solution,” Dubois said.
A market data innovator for nearly two decades, Xignite launched the first commercial REST API and has since grown into one of the leading providers of market data API solutions to brokers, wealth managers, and fintechs. Today, the company’s APIs are used by 700+ companies more than 500 billion times a month to serve their digital investing clients. A Finovate alum since 2014, Xignite has raised more than $37 million in funding from investors including StarVest Partners and Japan-based QUICK.