Nexo Levels Up User Trading Experience with Advanced Real-Time Analytics by The Tie

May 28•4 min read

  • Retail investors can now enhance their trading strategies with institutional-grade trading analytics via The Tie integrated straight into Nexo platform.

  • The analytics tool provides real-time Twitter statistics, on-chain activity, gas fees, ownership distribution, detailed asset descriptions, and more.

    VILNIUS, May 28, 2024 – Today Nexo, the leading institution for digital assets, is announcing the integration of The Tie's advanced real-time analytics, providing an unprecedented edge to traders. With this tool, Nexo further democratizes access to data, traditionally almost exclusively available to institutions, and ushers in a new era where more users can make better-informed decisions, mitigate risk, and diversify their strategies.

    The Tie is the leading provider of information services for digital assets whose institutional-grade analytics tools are available to retail clients on the Nexo platform via the seamless integration. Depending on the asset, users can access a range of indicators directly in Nexo’s Markets section including X (formerly Twitter) statistics, on-chain activity, gas fees, ownership distribution, and detailed asset descriptions. 

    Just in Q1 2024, spot trading volume on centralized exchanges, stood at $4.29T, marking notable demand from users in the space. It was this dynamic that prompted Nexo to team up with The Tie to enable market participants to trade with the full spectrum of data at their fingertips.

    Learning to analyze and “hear” the market takes time, but it also takes information. Together with the Tie, we are acting on our commitment to ensure all users have fast access to market sentiment and movements, enhancing their experience, strategies, knowledge, and engagement through valuable data-driven insights, said Elitsa Taskova, CPO of Nexo. 

    Joshua Frank, Co-Founder & CEO of The Tie, added,

    We are thrilled to announce our latest partnership with Nexo that introduces real-time analytics tools on their platform. Nexo users will now have access to the same industry-leading metrics that we provide to over one hundred institutional clients on The Tie Terminal. We commend Nexo’s vision to integrate The Tie’s extensive tools in order to build an enhanced, robust, and unique trading experience for individual investors.

    The Tie has been among Nexo Ventures' 60+ portfolio companies since March 2022. The current integration highlights the long-term effects of corporate investments, and the significance of Nexo Ventures’ philosophy of building long-term strategic partnerships with its portfolio companies, ultimately bringing added value directly to clients.

    With this comprehensive suite of analytical tools, Nexo is also enriching its already tried-and-tested Loyalty program, while continuing to innovate and enhance its overall trading experience.

    About Nexo

    Nexo is the world’s leading digital assets institution. The company’s mission is to maximize the value and utility of digital assets by offering a comprehensive suite of products that include advanced trading solutions for retail and institutional clients, aggregation of liquidity from leading venues, and flexible asset-backed credit lines. In 2022, the company launched its investment arm Nexo Ventures, which now boasts over 60 portfolio companies. Nexo has processed $130+ billion for 7,000,000+ satisfied users across more than 200 jurisdictions. For more details, visit: https://nexo.com/ 

    About The Tie

    The Tie is the leading provider of information services for digital assets. The Tie Terminal is the fastest and most comprehensive workstation for institutional digital asset investors. The Tie Terminal brings together real-time news from thousands of primary sources, with sentiment analytics, spot and derivatives, alternative, and on-chain data in a powerful and intuitive platform.

    The Tie's clients include the leading traditional and crypto-native hedge funds, OTC desks, market makers, trading venues, banks, sell-side firms, and other institutional market participants. For more information, visit www.thetie.io.

    Media Contact for Nexo 

    The Nexo PR Team [email protected]

    Media Contact for The Tie

    The Tie Marketing & Communications Team [email protected]

    These materials are accessible globally, and the availability of this information does not constitute access to the services described, which services may not be available in certain jurisdictions. These materials are for general information purposes only and not intended as financial, legal, tax or investment advice, offer, solicitation, recommendation, or endorsement to use any of the Nexo Services and are not personalized, or in any way tailored to reflect particular investment objectives, financial situation or needs.

    Digital assets are subject to a high degree of risk, including but not limited to volatile market price dynamics, regulatory changes, and technological advancements. The past performance of digital assets is not a reliable indicator of future results. Digital аssets are not money or legal tender, are not backed by the government or by a central bank, and most do not have any underlying assets, revenue stream, or another source of value. 

    Independent judgment based on personal circumstances should be exercised, and consultation with a qualified professional is recommended before making any decision.