Bloomberg adds Kaiko’s mono asset cryptocurrency price rates on Terminal and B-Pipe

Rick Steves

“Clean and reliable crypto prices are essential to institutional investors and enterprises holding or trading digital assets, as they require independent and accurate tools to assess their custody.”

Bloomberg has integrated Kaiko’s mono asset cryptocurrency price rates on the Bloomberg Terminal and on its real-time market data feed, B-PIPE.

Bloomberg Terminal and B-PIPE users have now access to Kaiko Global Tick (KKGT), a suite of institutional grade crypto prices including two datasets; Kaiko Aggregated Quotes and Kaiko Price Rates.

Kaiko Aggregated Quotes offers real-time best bids and best asks, while Kaiko Price Rates aggregates real time executed trades data, both across selected exchanges, on the top 50 assets.

Kaiko brings regulated daily pricing for valuation, reporting, settlements

Kaiko’s rates aggregate executed trade data from diverse and reliable sources provide companies, investors, auditors and regulators with regulated daily pricing, whether it is for valuation, client reporting, accounting, or derivative contracts settlements.

The extremely fragmented information is boiled down into one single auditable value as part of its effort to bring standardization, clarity and transparency to the crypto ecosystem.

Bloomberg has recently expanded its coverage of crypto currency data on the Bloomberg Terminal to the top 50 crypto assets to enable intraday pricing monitoring for an expanded universe of cryptos, indices and futures contracts in real-time.

“Rates will pave the way to develop multi-asset indices tailored to crypto assets”

Alex Wenham, Digital Assets Product and Strategy Lead at Bloomberg, said: “Bloomberg takes a data-driven approach to helping our customers in the global institutional investor community as they define and develop their digital asset strategies. As this market develops, our mission is to make that transition as seamless as possible, with innovative offerings from a trusted and familiar source, the Bloomberg Terminal.”

Ambre Soubiran, Chief Executive Officer of Kaiko, said: “Clean and reliable crypto prices are essential to institutional investors and enterprises holding or trading digital assets, as they require independent and accurate tools to assess their custody. We are proud to offer enterprise-grade price rates and reference rates capable of providing this service. This is only the beginning, as rates will pave the way to develop multi-asset indices tailored to crypto assets.”

Bloomberg and Kaiko have issued the first series of Financial Instrument Global Identifiers (FIGIs) covering crypto Kaikassets.

Kaiko caters to ICE, Deutsche Börse, OANDA, Ledger, Paxos, Chainlink, Tezos

Earlier this year, the cryptocurrency market data provider raised $53 million in a Series B funding round aimed at further consolidating its position as a global industry reference for centralized and decentralized digital assets data services.

The round was intended to fuel the enhancement of Kaiko’s institutional data products and infrastructure and was led by Eight Roads, with participation from Revaia and existing investors Alven, Point9, Anthemis, and Underscore.

The proceeds of the funding will also be used to expand Kaiko’s global presence. The firm currently operates out of four global offices located in Paris, London, New York, and Singapore.

The firm offers a product suite comprised of market data, portfolio solutions, rates & indices, pricing services, DeFi data, and research.

Kaiko’s leading position can be proven by its top tier client roster which includes ICE Global Network, Deutsche BörseOanda, Bloomberg, and other large institutions in North America and Europe. The firm provides data feeds for Ledger, Paxos, Chainlink, Tezos, Messari, SupraOracles, Flux, and the Pyth network, among others.

Kaiko has recently acquired Kesitys, a provider of quantitative decision tools for risk optimization, and agreed to acquire CoinShares’ Napoleon Index subsidiary, enabling the launch of Kaiko Indices.

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