The Block: RootData launches the industry's first transparency ranking for cryptocurrency exchanges, safeguarding investors' right to know

According to The Block, RootData has officially launched the industry's first exchange ranking centered on transparency, "Top Cryptocurrency Exchanges Ranked by Transparency," breaking the traditional evaluation limitations of "volume-only" assessments.

This ranking establishes a multi-dimensional evaluation framework, covering four main categories: liquidity, asset value, compliance security, and information transparency, which are further divided into six core dimensions: token economics and unlocking transparency, project progress and key event disclosure, team background and capital support transparency, announcement disclosure and section accuracy, asset reserve transparency and listing standards, compliance licenses and audit data.

The ranking made its debut last December at the Binance Dubai Blockchain Week, aiming to transform information disclosure from an "optional" for exchanges to a "mandatory" requirement. By promoting exchanges to prioritize information disclosure about their platforms and listed assets, it aims to help the Web3 industry better integrate with mainstream business and protect investors' right to know.

It is reported that RootData is the largest enterprise data platform in the Web3 industry, having become an essential data platform for over 2 million Web3 users' decision-making. Its investors include reputable professional investors such as NLVC Aurora Venture Capital and Boyaa Interactive (00434.hk).