The Challenges and Specializations in Crypto Data

Crypto data for institutions is a challenging and evolving field. Specialization has led to a variety of data providers focusing on different areas like NFT markets or real-world assets. However, demand for certain types of data, like NFTs, is low from an institutional perspective. The future of crypto data is uncertain due to factors like the integration challenges of layer twos and the long-term feasibility of projects like Solana. Despite the challenges, data providers continue to focus on different areas, with a more conservative approach to data strategy. Stablecoins are an area of interest for both institutions and crypto-native individuals, and there is a focus on expanding coverage and developing additional data points for stablecoins. Tokenizing treasuries and tracking yield metrics present unique data challenges. These are the less controversial areas that require attention.