Amberdata has introduced Amberdata Intelligence, a cutting-edge AI-driven crypto intelligence platform catering to institutional investors.
Summary
- Amberdata has unveiled an AI platform focused on blockchain intelligence for institutions
- Institutions previously relied on fragmented tools to obtain essential blockchain data
- Projected global spending on AI in financial services may hit $190 billion by 2030
Financial institutions are rapidly adopting AI for market research. On Tuesday, September 30, analytics firm Amberdata launched Amberdata Intelligence, an AI-driven crypto platform aimed at institutional investors. This platform combines blockchain and market data in a unified interface, allowing users to extract insights via natural language prompts.
Amberdata Intelligence offers insights into various market segments, including derivatives, DeFi, stablecoins, RWA, lending, staking, and ETFs, among others. It also features charts and dashboards spanning a wide array of market segments, along with search capabilities.
Additionally, the integration of AI tools allows the platform to produce insights and graphs through natural language interactions. According to Amberdata, this functionality will enable investors to swiftly derive insights that would typically require extensive manual efforts.
Investors are increasingly leveraging AI
Shawn Douglass, CEO of Amberdata, noted that institutions have previously depended on fragmented tools for blockchain analytics. He emphasized that this challenge will intensify as the industry expands, incorporating more DeFi platforms, tools, and blockchains.
“Amberdata Intelligence is a significant advancement in digital asset analytics,” remarked Shawn Douglass, Amberdata. “This initiative aims to equip institutional crypto investors with the intelligence necessary to operate with the same level of sophistication found in traditional finance.”
While human judgment remains essential in investment decisions, AI is increasingly pivotal for major players. Financial institutions are progressively seeking to utilize AI tools for market research and analytics. A Markets and Markets report indicates that global spending on AI in the financial sector could exceed $190 billion by 2030.
