Alluva, the blockchain-based product introduced by global leader in startup and investment insights, Oddup, has announced a partnership with leading financial company, Refinitiv. Alluva will be integrated into the Eikon App Studio to provide cryptocurrency insights and data critical to institutional investors.
Please Note: This is a Press Release
Current Market Landscape
Long-term investors have been increasingly feeling the lack of accurate and comprehensive cryptocurrency data, especially in the face of a growing number of cryptocurrencies and blockchain startups that drive these digital assets. Biased and subjective reviews have resulted in some coins gaining prominence, with the majority going unknown or not receiving attention commensurate to their project potential. This has, consequently, led to reduced investor attention towards upcoming and high-return potential projects and startups.
Speaking on how the lack of data affects project visibility, Leon Saunders Calvert, Head of Capital Markets and Advisory at Refinitiv, said, “It is an exciting time for corporate capital raising as non-traditional forms of security issuance come to market, specifically those which service the underrepresented SME space, which includes Initial Coin Offerings (ICOs) and Security Token Offerings (STOs).”
Collating Sentiment Data For Comprehensive Insights
Driven by James Giancotti, Oddup Co-founder and CEO, Alluva aims to overcome the problem of data disconnect and improve crypto-adoption, especially as a non-traditional form of fundraising. The product has been designed to collate sentiment data from millions of users across the globe, and for thousands of crypto assets. This data is then combined with a proprietary algorithm to generate accurate, unbiased, and comprehensive data that is directly reflective of the community. Institutional, startup, cryptocurrency, and retail investors, can then utilize this actionable research and data to identify viable and potentially profitable projects.
Partnership History
The partnership with Alluva is the second time that Refintiv has thus associated with Oddup. The two companies have worked together previously for the Eikon app which currently streams data on sectors, regions, startups, and provides investment insights through Oddup. Alluva will be integrated into the Eikon App Studio to expand this portfolio of data; it will provide analysis of all active cryptocurrencies, market capitalization data, real-time streaming prices, as well as ICO and STO insights. Through Alluva, Refinitiv and Eikon users will gain access to extensive coverage of the digital currency industry.
Speaking on the decision to partner with Oddup and Alluva, Head of Capital Markets and Advisory at Refinitiv, Leon Saunders Calvert, said, “We are delighted to partner with Oddup, with whom we have a long standing partnership associated to rating startups in Asia, in order to provide more data transparency around issuance that utilises digital ledger technologies and ratings for cryptocurrencies.”
James Giancotti, CEO at Oddup and Lead at Alluva, shared his thoughts on how data from Alluva will be integral to institutional investment and the Eikon App Studio, saying,
“Oddup has always been consistent in improving the investment landscape through products, services, insights, and analyses that matter. That is what led to our partnership with Refinitiv. Today, crypto-assets, digital ledger technologies, blockchain, and virtual currencies have made themselves integral to the investment sector. What is lacking is clarity and transparency, fair and unbiased evaluations of cryptocurrencies and ICOs, and emphasis on the right blockchain projects amongst the options becoming visible. Alluva’s insights will solve these problems, improve mass adoption of cryptocurrency, and enable blockchain technology growth.”
According to the proposed roadmap, Alluva data will be integrated into and made available on the Eikon app in the second quarter of 2019. Especially useful for institutional investment in blockchain technology, Alluva aims to provide comprehensive data integral to mass crypto-adoption and enable easy dealflow access.
For more information, visit Alluva’s Medium account here, or join their Telegram Group here.
Additional Links:
- Eikon app: http://bit.ly/oddp_ekn
- Oddup: http://bit.ly/oddp_home
- Alluva: http://bit.ly/alluvahome
- Alluva Medium account: http://bit.ly/alluva_mdm
- Alluva Telegram group: http://bit.ly/alv_telgrp