Company
Date Published
Author
Fraser Marlow
Word count
1363
Language
English
Hacker News points
None

Summary

The cryptocurrency market has seen significant growth, with over 22,000 active cryptocurrencies and a total market capitalization exceeding $2.5 trillion USD. Stablecoins have also experienced massive growth, with transfer volume peaking at over $150B a day in May 2024. However, accessing this data in a consumable fashion is complex due to the lack of public repositories for fundamental metrics like those found in traditional financial markets. Blockchain nodes are responsible for validating transactions and maintaining the blockchain ledger, making it easier to participate in the ecosystem, but financial reporting remains complex. An ecosystem of reporting firms has emerged to provide real-time crypto data, with Artemis being a notable provider, offering cleansed, structured, aggregated data to various consumers. Artemis aggregates data from multiple blockchains and provides it through its Artemis Terminal, API, and data shares on Snowflake, making crypto data instantly consumable for institutions, research analysts, and investors. The company leverages an MDS tech stack, favoring composable, open-source technologies like Dagster+, which has streamlined their data operation and provided a more intuitive framework for pipelines. Artemis has also taken the bold step of publishing its open-source dbt models to address analyst concerns and align with the culture of decentralized digital currency. The company's focus on growth and openness positions them well to support the evolving cryptocurrency market.