Digital Asset Research Announces July 2022 Crypto Exchange Vetting Results

Digital Asset Research Announces July 2022 Crypto Exchange Vetting Results

 

Digital Asset Research (DAR), a leading service provider of cryptocurrency and Digital Asset data and research, today announced the release of its quarterly Crypto Exchange Vetting results for Q2 2022. DAR's vetting processes use institutional-level due diligence to digital asset markets to meet an industry-wide need for reliable Cryptocurrency data in an environment where cryptocurrencies trade across hundreds of lightly regulated or unregulated exchanges.

 

Digital Asset Research (DAR) is a specialized service provider of “clean” digital currency and asset data, insights, and research for institutional clients including asset managers, banks, custodians, family offices, fintech firms, private equity funds, fund administrators, hedge funds, and venture capital firms. Since 2017, DAR leads by rigorously vetting out noisy inputs for flagship clients such as Bloomberg, FTSE Russell, and Wilshire. Each day, DAR processes more than 175 million trades to price around 4000+ Digital Currencies and Assets to deliver a range of product solutions to navigate the cryptoverse.

 

 

With the company is expertise in traditional finance and the Digital Currencies space, DAR is success and growth is driven by a commitment to deliver honest results from crucial data emphasizing accuracy, quality, and transparency. 

 

Also Read: Binance Fined $3.4 Million By Dutch Central Bank 

 

In the July release, over 450 exchanges were gauged to identify 22 Vetted Exchanges. BTC Markets was added to the Vetted Exchange list during this round of evaluation, while the following cryptocurrency exchanges continue to maintain their status as Vetted Exchanges: Binance.US; bitbank; Bitfinex; bitFlyer; BITFRONT; Bitso; Bitstamp; Bittrex; CEX.IO; Coinbase Pro; Coincheck; CoinField; CrossTower, FTX.US, Gemini; itBit; Kraken; Liquid; LMAX Digital; Okcoin; and Zaif.

 

Thirteen Cryptocurrency Exchanges are now considered Watchlist Exchanges for potential inclusion in the future on the Vetted Exchanges list. The thirteen exchanges are: Binance; Bitrue; BKEX; CoinEx; CoinTiger; Dcoin; FTX; Gate.io; Huobi; KuCoin; LATOKEN; Phemex; and Poloniex. However, BitKub is no longer in the list of Watchlist Exchange.

 

Also Read: How To Unlock A Restricted Coinbase Account?

 

The Exchange Vetting methodology combines quantitative and traditional qualitative due diligence techniques to identify cryptocurrency exchanges reporting accurate volumes and eliminate those exchanges that are not suitable for determining an accurate market price of assets.

 

DAR is CEO, Dough Schwenk said that strong risk management techniques and practices are even more critical in bearish and turbulent times and the Exchange Vetting process helps enterprise and retail investors to identify safe avenues as they invest in Digital Currencies or build investment products.

 

Also Read: Binance Fined $3.4 Million By Dutch Central Bank 

 

The Exchange Vetting follows similar process as to an Asset Vetting process that was completed in June and evaluated over 1,000 Digital Assets to identify such assets appropriate for various institutional use cases. During the Asset Vetting process, digital currencies and assets are gauged to determine if they are up to standards to meet institutional investor criteria for codebase construction and maintenance, community, security, liquidity, and regulatory compliance.

 

The results of the Cryptocurrency Exchange Vetting process are also majorly used for DAR Sector Indexes; the FTSE Bitcoin Index, FTSE Ethereum Index, and FTSE Cardano Index; and in the FTSE DAR Reference Price, a robust hourly reference value for Digital Currency and Asset Market performance.

 

Also Read: Coinbase Exchange Faces SEC Investigation Over Its Crypto Listings 

 

The research company is data, pricing methodology, and asset taxonomy classifications are also majorly used in the Bloomberg Galaxy DeFi and Solana indexes.

 

DAR performs its Exchange Vetting processes quarterly. Next round of results for Q3 2022 will next be announced in October 2022.