Bloomberg
March 2, 2023
Binance is the world’s biggest crypto exchange, with nearly 60% market share as of mid-February, according to research firm CryptoCompare.
Data
AUM for these products rose 5.2% last month from January, a CryptoCompare report says. Read more.
.png)
CryptoCompare, the leading institutional digital asset data provider and FCA-authorised benchmark administrator, today announced the launch of its updated Exchange Benchmark.
Swiss financial data expert SIX, one of Europe’s leading financial information providers, is delighted to announce that CryptoCompare’s cryptocurrency data is now available for their broad customer base.
CryptoCompare and Blockdaemon's new Staking Yield Indices enable institutions to gain off-chain exposure to staking yield - a vital step to further drive the institutional adoption of digital assets.
.png)
CryptoCompare announces an update to its industry-standard exchange benchmark rankings and methodology to identify the lowest risk trading venues in the industry.
.png)
CryptoCompare, in partnership with MVIS, today announced the licensing of the three digital asset indices to VanEck Europe as underlying indices for their three new crypto ETNs.
.png)
MV Index Solutions GmbH and CryptoCompare announce the licensing of the MVIS CryptoCompare Media & Entertainment Leaders Index to Investo.
Binance is the world’s biggest crypto exchange, with nearly 60% market share as of mid-February, according to research firm CryptoCompare.
BUSD represented roughly a fifth of Binance’s trading volume in the last year, climbing to as much as 40 per cent in December, according to data from CryptoCompare.
Coinbase's market share also fell from about 5.9% in November 2022 to 4.1% in February 2023, according to CryptoCompare.
Tether’s USDT is now more than half of the market and has its highest share since October 2021, data provider CryptoCompare found.
Innovation “will allow crypto to decouple from traditional markets,” said David Moreno Darocas, research lead at market intelligence firm CryptoCompare.
After FTX failed, Binance solidified its dominance in the market. In January, it accounted for 55% of world spot trading in crypto, according to CryptoCompare data.
