DAR Announces October 2021 Crypto Exchange and Asset Verification Results

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DAR’s verification processes bring institutional level due diligence to the crypto markets and the final verification process results in 21 verified exchanges, 14 watchlist exchanges and 43 benchmark assets

NEW YORK, Oct. 13, 2021 / PRNewswire-PRWeb / – Digital Asset Research (DAR), a leading provider of crypto asset data and research, today announced the release of its October 2021 results on verifying crypto exchanges and verifying assets. In an environment where cryptocurrencies trade on hundreds of lightly regulated or unregulated exchanges, DAR’s verification processes meet an industry-wide need for reliable crypto data by applying diligence at the institutional level. to digital asset markets.

Over 450 exchanges have been assessed to identify 21 approved exchanges: Binance.US; bit bank; Bitfinex; bitFlyer; BITFRONT; Bitso; Bitstamp; Bittrex; CEX.IO, Coinbase; Currency check; CoinField; Gemini; OGM Coin Co.; itBit; Kraken; Liquid; LMAX; Luno; Okcoin; and Zaïf. B2BX and VCC Exchange have been removed from the list of verified exchanges after the last assessment.

Fourteen exchanges remain as watch exchanges for potential future inclusion on the list of verified exchanges: Bidesk; Binance; Bitcoin.com; BHEX; BKEX; CoinEx; CoinTiger; Decor; FTX; Gate.io; Huobi; LATOKEN; Poloniex; and Phemex. BitOffer, OceanEx, and ZB.com have been removed as watchlist exchanges.

The asset verification process assessed over 1,000 digital assets to identify 43 benchmark assets and over 600 non-benchmark assets. In the last evaluation, Aave (AAVE); Bancor Network Token (BNT); Curve DAO Token (CRV); Decentralized (MANA); Dogecoin (DOGE); Elrond (EGLD); Kusama (KSM); Loop (LRC); Polkadot (POINT); Polygon (MATIC); Solana (SOL); Sushi (SUSHI); The Graph (GRT); The sandbox (SAND); and UMA (UMA) have been added to the list of benchmark assets.

The list of benchmark assets also continues to include 0x (ZRX); Algorand (ALGO); Augure (REP); Basic Attention Token (BAT); Bitcoin (BTC); Bitcoin Cash (BCH); Cardano (ADA); Chain link (LINK); Cosmos (ATOM); dash (DASH); Enzyme (MLN); EOS (EOS); Ethereum (ETH); Kyber Network (KNC); Manufacturer (MKR); Monero (XMR); OMG Network (OMG); Orchid (OXT); REN (REN); Qtum (QTUM); Stellar (XLM); Storj (STORJ); Synthetix (SNX); Tezos (XTZ); TRON (TRX); Uniswap (UNI); yearn.finance (YFI); and Zcash (ZEC).

The story continues

“Our verification processes continue to reflect the evolution of the crypto space. The increase in the benchmark asset list is in large part due to an expansion of asset listings on verified exchanges, which in turn are the direct result of rising prices and community interest, especially in alt coins, ”said Doug Schwenk, CEO of DAR.

The trade verification process combines traditional quantitative and qualitative due diligence to identify exchanges reporting precise volumes and eliminate exchanges that are not suitable for determining an accurate market price. During the asset verification process, digital assets traded on verified exchanges are assessed to determine if they meet institutional investor standards for code base construction and maintenance, community, security, liquidity. and regulatory compliance.

The results of the Exchange Vetting and Asset Vetting processes are used by DAR clients to determine accurate asset prices and to identify safe places in the market. The results are also used for the recently launched DAR Sector Indices, FTSE Bitcoin Index, FTSE Ethereum Index and FTSE Cardano Index, as well as the FTSE DAR benchmark price, a robust hourly benchmark price for performance. of the digital asset market.

DAR’s data, pricing methodology and asset taxonomy classifications are also used in the Bloomberg Galaxy DeFi Index.

The DAR performs its audit processes on a quarterly basis. The next results will be announced in January 2021.

For more information, visit https://www.digitalassetresearch.com/.

About DAR:

Digital Asset Research (DAR) is a specialist provider of cryptographic data and research. Since 2017, DAR has combined its expertise in the traditional financial services and crypto space to meet the needs of institutional clients, including asset managers, banks, custodians, family offices, financial technology companies, fund administrators, hedge funds and venture capital firms; Flagship clients include FTSE Russell, which partners with DAR to provide prices and benchmarks for FTSE DAR crypto assets, and Bloomberg, which uses taxonomy and pricing data from DAR in the Bloomberg Galaxy DeFi Index. DAR’s core offerings include verified clean price and volume data, crypto event calendar, master data master, industry taxonomy and taxonomy topics, Exchange Diligence and Token Diligence, and studies related crypto market.

Follow DAR: Twitter: @DAR_crypto LinkedIn: https://www.linkedin.com/company/digital-asset-research/ Support: https://medium.com/digitalassetresearch

Media contact

Adrienne Lenhoff, Digital Asset Research, 3135805349, [email protected]

SOURCE digital asset research

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