Bonanza Lab, a digital asset data company, announced Friday that it has signed an MOU with Tiger Research to collaborate on digital asset data and research.
The two companies plan to combine Bonanza Lab's domestic digital asset data infrastructure with Tiger Research's industry analysis capabilities to provide analytical content to financial institutions and institutional investors.
Under the agreement, Tiger Research will draw on domestic market data held by Bonanza Lab for its research. The two firms also plan to release content that integrates data and research, helping customers gain a more comprehensive understanding of the digital asset market, including real-world assets (RWA).
"As the digital asset market grows, the importance of accurate data and expert research to interpret it is also increasing," said Jeon Hyo-yeon, co-chief executive of Bonanza Lab. "We will establish ourselves as a trusted data and research partner for financial institutions and the wide range of companies pursuing digital asset businesses."
Kim Gyu-jin, chief executive of Tiger Research, said the partnership would "further deepen the quality of data-driven research and continue to deliver insights that financial sector players and institutional investors can rely on."
Bonanza Lab provides banks, securities firms and asset management companies with real-time market data, market trends and reference prices related to digital assets via API.
kyoung@heraldcorp.com
