Read

Data intelligence provider Nuant is rolling out a tool to monitor crypto portfolios, enabling users to follow and execute trading strategies in real-time.
Crypto data intelligence provider Nuant has announced the launch of its new product, which enables investors to monitor crypto portfolios and design advanced strategies across 30 trading platforms.
In a press release obtained by crypto.news, the Zug-based firm said the solution offers such services as data aggregation, intelligent orchestration, actionable insights, and a “simulation engine for designing and testing advanced strategies.” With support for over five custodians and 80 blockchain networks, Nuant aims to empower investors to make “informed decisions” and “mitigate risks and capitalize on market opportunities.”
You might also like: <a href="https://crypto.news/swiss-crypto-bank-sygnum-onboards-20-lenders-to-broaden-crypto-access/" rel="noopener noreferrer nofollow"> Swiss crypto bank Sygnum onboards 20 lenders to broaden crypto access </a>
In the press release, Nuant’s tool leverages AI-driven capabilities for “rebalancing, backtesting, scenario analysis, and defi strategy simulations.” However, it remains unclear whether the firm uses proprietary AI technology or relies on external solutions like <a href="https://crypto.news/tag/chatgpt/" target="_blank" rel="noopener noreferrer nofollow">ChatGPT</a>.
Commenting on the product launch, Nuant founder and chief executive Rachid Ajaja emphasized that advanced tools for managing investments have been “lacking” in the crypto sector, especially with the upcoming Markets in Crypto-Assets Regulation (<a href="https://crypto.news/tag/mica/" target="_blank" rel="noopener noreferrer nofollow">MiCA</a>). “Our goal is to equip these entities with robust tools to navigate the digital asset landscape with the same precision and reliability found in traditional finance,” Ajaja added.
Read more: <a href="https://crypto.news/best-cryptocurrency-portfolio-tracker/" rel="noopener noreferrer nofollow"> How to choose the best crypto portfolio tracker </a>

Nuant launches real-time tool to monitor crypto portfolios

crypto.news

Other articles published on Jul 9, 2024

BlockDAG X30 Miners Poised for $6,000 Daily By 2025; More on Solana Surge & Polkadot Adaptation

Toncoin (TON) DeFi Ecosystem Sees Resurgence in Activity

Solana Active Address Drop: Is SOL Price Headed for a Massive Crash?

ETF Solana di Ambang Persetujuan, Apa Dampaknya?

The 2024 Crypto Surge: Bitgert Among Coins Set to Hit $1

Microsoft signs carbon credit deal with Occidental to tackle AI-related emissions

Join our free newsletter for daily crypto updates!