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Brave New Coin acquires Cryptocurrency Newsfeed, to launch expanded news platform in August

Brave New Coin (BNC), a leading provider of cryptocurrency market data and insights, has acquired Cryptocurrency Newsfeed (CCNF), an enterprise-grade news platform providing real-time coverage of all cryptocurrency news.

BNC is now expanding its news platform and announced that it will integrate CCNF’s up-to-minute cryptocurrency news and analysis, providing investors with quick, actionable insights, real-time alerts, and customizable industry announcements.

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,” Fran Strajnar, Brave New Coin Founder and CEO, said. “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.”

The expansion follows the successful launch of BNC’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, the release said.

“With cryptocurrencies maturing as an asset class, the BNC integration comes at a critical time for the sector,” Aaron Wise, CEO of Cryptocurrency Newsfeed, said. “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.”

BNC’s expanded platform offering is set to launch in August 2018.

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November 16 04:00 UTC Released

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3.8 Bln MY

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