Case Study: Bitso enables stock trading for millions of users with Databento

Bitso enables stock trading for 10M+ users with Databento

Bitso, Latin America's leading cryptocurrency platform, faced a challenge when expanding into traditional financial markets. They needed a provider of U.S. equity market data capable of delivering real-time and extended hours coverage with low latency for their millions of users. Databento offered the right combination of data quality and commercial terms, providing a solution that could integrate seamlessly without the lengthy processes of legacy vendors.

Databento's solution provided comprehensive extended hours coverage from venues like Cboe EDGX, fast integration, and normalized schemas that eliminated the need for data transformation. Since implementing Databento's data to power its new stock trading feature, Bitso has seen exponential double-digit growth in its investment product. This has helped increase access to investing in a region where stock market participation was previously very low.

Bitso