Cryptocurrency News

DAR Announces Enhanced Crypto Asset Vetting Reports for Institutional Clients

DAR Announces Enhanced Crypto Asset Vetting Reports for Institutional Clients
DAR’s updated Asset Vetting Reports offer an end-to-end asset evaluation in an easily consumable format for clients considering onboarding or supporting a crypto asset

Digital Asset Research (DAR), a leading provider of crypto asset data and research, today announced the availability of newly enhanced crypto Asset Vetting Reports for institutional clients. The enhancements, which were released in response to market demand for a complete assessment of individual crypto assets, include a deeper network analysis, the inclusion of new market metrics, and an optional suitability opinion, among other improvements.

Top Globalfintechseries.com Insights: Binance Labs Makes Strategic Investment in MOBOX to Bring the Gaming Platform Next Level

DAR has performed crypto asset vetting since 2017 and its Asset Vetting Reports use a standards-based approach to address key concerns related to public crypto assets, including safety of asset use and custody, health of the asset’s ecosystem, decentralization metrics, and more.

“Choosing to onboard or support a crypto asset carries some risk and is challenging for regulated firms,” said Doug Schwenk, DAR’s CEO. “Our updated Asset Vetting Reports allow firms to fully evaluate and make an informed decision about individual crypto assets by providing key background information and quantifiable network metrics in an easily consumable format.”

Browse The Complete News About Fintech : Polygon Makes Strategic Investment into Social NFT Platform DeFine

DAR’s Asset Vetting Reports include four sections: Token Profile, which includes a project description, benchmark status and taxonomy information, circulating and max supply, consensus mechanism details, exchange listings, and institutional support; Market Trends and Comparisons, which looks at the asset’s price trends, correlation to taxonomy peers, and volatility metrics in comparison to similar assets; Network Analysis, which is a quantitative review of the decentralization of the asset’s network; and Suitability Assessment, which evaluates the asset’s codebase, network characteristics, cryptography, liquidity, transactions, and price against a set of standards.

Related posts

Cash Tech to Release Innovative Wallet Solution with Versatile Functionality and Multi-Chain Support

Fintech News Desk

Skaleet Joins Forces with Ondato to Accelerate the Development of New Banking Services

Fintech News Desk

BlackRock Introduces Model Portfolios Designed to Help Investment Outcomes for Women

Fintech News Desk
1