OANDA, an online exchange rate data provider, has announced its collaboration with Kaiko, a well-known cryptocurrency market data provider, to build verifiable cryptocurrency value.
The collaboration will bring together Kaiko’s substantial market data from the crypto space, which comprises 15,000 digital asset pairs, and OANDA’s top-notch exchange rate data, which comprises 38,000 and above currency pairs. Their collective efforts would enable access to auditable and compliance-based digital asset data products for tax and audit professionals.
To run a finance business and meet business goals, professionals need to know a lot about statistics, digital asset rates, and foreign exchange that can be audited. They also need to be good at auditing, reporting and reconciling. Through this partnership, the businesses and clients of Kaiko and OANDA will benefit, as they will be able to access the precise rates of fiat as well as cryptocurrencies.
As per reviews of OANDA, Oanda clients feel safe, secure, and reliable trading forex with OANDA. The key reason is that it provides advanced trading tools and complies with regulations by international authorities, thus making it the best forex broker Singapore to access currency prices and liquidity.
Gavin Bambury, CEO of OANDA, said that the partnership would improve their market data services because more businesses are using cryptocurrencies now and the company wants to deliver accurate data quickly.
The CEO of Kaiko, Ambre Soubiran, is also excited about joining forces with OANDA. She stated that it was necessary for Kaiko to connect its digital asset market data to a reputable currency data supplier like OANDA.