Tokenized asset data platform RootData has formed a strategic partnership with Coinone, a major cryptocurrency exchange in South Korea. Under the arrangement, Coinone will integrate RootData’s data resources for several uses: preparing public research reports, tracking and studying market trends, and carrying out systematic reviews of information tied to assets already listed on its platform. Coinone, founded in 2014, is described as one of South Korea’s earliest crypto exchanges and has maintained relatively strict internal standards on asset security and information disclosure. The partnership is expected to strengthen Coinone’s capabilities in project transparency and market analysis while helping it better serve user needs and compliance requirements. For RootData, the deal also extends its data services further into South Korea’s mainstream trading platform market. The company said it has already established data partnerships with Korean counterparts including TokenPost, Etoday, Nexblock, Tiger Research and Kimpga, bringing its total number of data partners to more than 240.
RootData, a tokenized asset data platform, has entered into a strategic partnership with Coinone, a major cryptocurrency exchange in South Korea, according to ChainCatcher.
Under the agreement, Coinone will integrate and use RootData’s data resources to write public research reports, conduct market trend monitoring and research, and carry out systematic reviews of information related to assets already listed on the platform.
Coinone was founded in 2014 and is one of the earliest cryptocurrency exchanges in South Korea. The report said the exchange maintains relatively strict internal standards on asset security and information disclosure. The partnership is set to improve Coinone’s capabilities in project information transparency and market analysis, while helping it better serve users and meet compliance requirements.
For RootData, the partnership with a South Korean exchange also points to a broader expansion of its data services across more mainstream trading platforms in the country. RootData said it has already reached data cooperation agreements with a number of Korean partners, including TokenPost, Etoday, Nexblock, Tiger Research and Kimpga, bringing its cumulative number of data partners to more than 240.
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