Atom Finance Launches Stock, Crypto Platform

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Investment intelligence app Atom Finance has launched an integrated stock and crypto intelligence platform, according to Monday (May 9) Press release.

According to Atom, the platform includes a series of application programming interfaces (APIs), embeddable user interfaces (UIs) and websockets, as well as visualization tools that can be integrated into new and existing trading.

“By partnering with fintechs, neobanks and brokers who share our enthusiasm for democratizing investment intelligence, more investors will have access to the cutting-edge technology they need to succeed with their investments,” said Eric Shoykhetfounder and CEO of Atom.

The company said the platform enables FinTechs to offer functionality as a service, as well as the ability to go to market with the experiences needed to attract customers and monetize their business without having to verify multiple service providers. data or exhaust their technology budget.

See also: SoftBank’s Atom Backs a Nod to Online Retail Investing Allure

In an interview last year with the Miami Herald — after Atom completed a $28 million funding round — Shoykhet said Atom serves as an alternative to financial information retail investors can glean. from Google.

“This is for underserved professionals who may be working in a Fortune 500 in a strategy group, or as a registered investment adviser, or in a consulting firm or venture capital group who don’t have access to a $10,000 or $20,000 S&P or Bloomberg terminal,” he said, noting that the tools are not intended for professional traders. “Someone who is looking for something robust but not to a crazy price, and for a better mobile experience.”

The launch of Atom’s crypto-intelligence platform comes as federal authorities consider a number of bills that would change the way crypto is applied, as reported by PYMNTS.

Read more: These bills could change the SEC’s trend in crypto enforcement

Last month, a bipartisan group of House lawmakers introduced the Digital Commodity Exchange Act of 2022, which would extend the Commodity Futures Trading Commission’s (CFTC) oversight powers to cryptocurrency activities through digital commodity exchanges.

There’s also a long-awaited bill from Senator and bitcoin enthusiast Cynthia Lummis, R-Wyo., which is expected to include detailed regulations on taxation, payments, and most importantly, definitions of digital assets that would help define the roles of agencies overseeing crypto.

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