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NewCity Digital partners with Forbes Media, NewCity Capital and trade.io to launch Forbes CryptoMarkets

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NewCity Digital Limited, in partnership with Forbes Media, NewCity Capital and trade.io, has launched Forbes CryptoMarkets, a new data-driven portal that offers comprehensive tracking of cryptocurrencies worldwide that licenses the Forbes brand name.

Forbes CryptoMarkets, which has gone live in beta form, features real-time pricing and volume information on several thousand cryptocurrencies and an initial five cryptocurrency indices worldwide. 

The comprehensive site also provides: insights and information on worldwide exchanges such as listed cryptocurrencies, trading pairs, pricing and volumes; a real-time newsfeed aggregating content from leading news organisations and companies, including content from Forbes’ family of sites worldwide; indices tracking the performance of curated baskets of cryptocurrencies; content from Forbes.com and other sources, including insightful articles and in-depth video interviews with cryptocurrency pioneers, thought leaders and other experts.

Forbes CryptoMarkets’ team of data scientists and programmers are leveraging a wide range of quantitative data sources, including cryptocurrency exchanges and blockchain data sources, to clarify and present the most comprehensive, real-time view of the cryptocurrency and blockchain ecosystem.

Leveraging its various data repositories, the service will be publishing crypto indices which will include: Forbes CryptoMarkets Top 30 Global “FB30,” Top 10 Global “FB10,” Top Cryptocurrencies Global, Top 10 Blockchain and DApps Global, as well as indices by sector, industry, and cryptocurrency use-case. The initial indices will be published as an informational tool to illustrate market trends.

“We are excited to partner with Forbes to create a trusted source for those seeking information on the new digital economy, including Bitcoin, Ethereum, cryptocurrencies, tokens and the companies underlying them,” says Chien Lee, Chairman of NewCity Capital and Chairman of Forbes CryptoMarkets. “Forbes CryptoMarkets will be the definitive resource for everything crypto and blockchain.”

“Forbes provides the most-comprehensive coverage of the cryptocurrency and blockchain marketplaces of any major media business brand in the world,” says Mike Federle, CEO of Forbes Media. “Forbes CryptoMarkets, a new licensed business, represents a natural extension of our powerful brand into a new venture that promises to deliver immense value to investors, traders and market watchers.”

“Forbes is the most-respected business media brand in the world, and our partnership allows us to bring the same high standard of quality to this cryptocurrency industry,” says Jim Preissler, CEO of trade.io and Executive Director of Forbes CryptoMarkets. “We plan to continue to grow the platform to include all aspects of the industry, such as related investment funds, ICO information and other relevant data.”

The development of the site is being led by David S. Feldman, Chief Technology Officer of Forbes CryptoMarkets. An experienced entrepreneurial CTO and a technology leader of complex FinTech and Market Data initiatives, David formerly served as a partner at IBM, and an Executive at Accenture Digital. Additionally, Chien Lee will serve as Chairman and Jim Preissler will serve as Executive Director of Forbes CryptoMarkets.

Over time, Forbes CryptoMarkets will be offered in seven languages, including: English, Chinese, Russian, Korean, Japanese, French and Vietnamese. NewCity Digital is licensing the Forbes brand for the new venture, NewCity Capital, Forbes and trade.io are shareholders in NewCity Digital.

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