Atom Finance Launches Stock and Crypto Intelligence Platform

Investment intelligence app Atom Finance has launched an embedded 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, along with visualization tools that can be integrated into new and existing trading platforms.

“By partnering with fintechs, neobanks, and brokers that share our enthusiasm to democratize investment intelligence, more investors will have access to the cutting-edge technology they need to achieve investment success,” said Eric Shoykhet, Atom’s founder and CEO.

The company said the platform lets FinTechs offer features as a service, as well as the ability to get to market with the experiences necessary to attract customers and monetize their business without needing to vet multiple data providers or exhaust their tech budget.

See also: SoftBank’s Atom Backing A Nod To Online Retail Investing Allure

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

“This is for under-served professionals who maybe work at a Fortune 500 in a strategy group, or as a registered investment advisor, or at a consulting firm or venture capital group that doesn’t have access to a $10,000 or $20,000 S&P or Bloomberg terminal,” he said, noting that the tools are not aimed at professional traders. “Someone who is looking for something robust but not at a crazy price point, and for a better mobile experience.”

The launch of Atom’s crypto intelligence platform comes as federal authorities are looking at a number of bills that would change how crypto is enforced, as PYMNTS reported.

Read more: These Bills Could Change SEC’s Crypto Enforcement Trend

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

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