BonanzaLab, Tiger Research Sign MOU on Digital-Asset Data and Research

BonanzaLab, a digital-asset data company, said July 24 that it signed a memorandum of understanding with Web3 research firm Tiger Research for cooperation on digital-asset data and research.

BonanzaLab operates digital-asset data infrastructure based on collected, refined and processed data from major South Korean digital-asset exchanges.

The companies aim to combine BonanzaLab's data infrastructure with Tiger Research's research capabilities to provide reliable digital-asset data and analytical content to market participants, including financial institutions.

Tiger Research will actively use BonanzaLab's market data in its research to strengthen analysis based on domestic trading data.

"As the digital-asset market matures, it is important to provide accurate data alongside professional research capable of interpreting it," BonanzaLab Co-Chief Executive Officer Jeon Hyo-yeon said. Through the partnership, the company aims to become a trusted data and research partner for financial companies and other businesses pursuing digital-asset initiatives.

Tiger Research Chief Executive Officer Kim Gyu-jin said the partnership would further deepen data-driven research and support the firm's efforts to continue providing insights trusted by the financial industry and institutional investors.