NEW YORK (October 22, 2018) NewCity Digital Limited, in partnership with Forbes Media, NewCity Capital and trade.io, today announced the beta launch of Forbes CryptoMarkets,http://www.forbescrypto.com, a new data-driven portal that offers comprehensive tracking of cryptocurrencies worldwide that licenses the Forbes brand name.
Forbes CryptoMarkets, which goes live in beta form today, 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 organizations 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,” said 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,” said Mike Federle, CEO of Forbes Media. “Forbes CryptoMarkets, a newly 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,” said 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.
About NewCity Digital Limited
NewCity Digital is a producer and architect of Forbes CryptoMarkets which is a global financial media, data and technology company, with a focus on cryptomarkets, cryptocurrencies, the underlying platforms, and blockchain projects.
About NewCity Capital
NewCity Capital is a private investment company primary focus on opportunities across the technology, hospitality and sport industries, The Company is engaged in development, investment and ownership of technology, hospitality, sport and real estate businesses. NewCity Capital occupies a unique position in investing based on the experience, the track record and the extensive network. NewCity Capital is led by Mr. Chien Lee who has been the Founder, Chairman and Chief Executive Officer. For more information, please visit www.newcitycapital.com
trade.io is a next-generation financial institution based on blockchain technology, comprised of its Exchange, Consulting Services, Incubator and Liquidity Pool which allows holders of its utility token “TIO” the ability to participate in the growth of the company. By leveraging decades of experience in the investment banking, trading, fintech and compliance and combining them with the power and transparency of the distributed ledger, trade.io has created a truly unique platform built to grow and adapt as the blockchain industry continues to mature.
About Forbes Media
Forbes Media, the defining voice of entrepreneurial capitalism, is a global media leader that champions success by celebrating those who have made it, and those who aspire to make it. Forbes convenes and curates the most-influential leaders and entrepreneurs who are driving change, transforming business and making a significant impact on the world. The Forbes brand today reaches nearly 120 million people worldwide through the Forbes and Forbes Asia magazines, 40 licensed local editions covering more than 70 countries, Forbes.com, signature LIVE events, a custom research arm, and social and mobile platforms. Forbes Media’s brand extensions include real estate, education and financial services license agreements.
Also posted on forbes.com