Bloomberg and Kaiko Unite to Revolutionize Blockchain Data Standards
Bloomberg has entered into a strategic partnership with Kaiko, a digital asset data specialist based in Paris, to deploy licensed financial data natively within blockchain infrastructures.
The collaboration aims to deliver critical market information, including pricing feeds, security identifiers, and reference datasets, directly within blockchain ecosystems. This addresses a persistent challenge within tokenized financial markets where institutions rely on disparate versions of identical datasets, resulting in discrepancies that generate substantial reconciliation overhead and elevate operational risk exposure.
The partnership specifically serves banks, institutional asset managers, and other regulated financial market participants, excluding retail cryptocurrency traders. The initial deployment focuses on tokenized US Treasury instruments and repurchase agreement markets operating on the Canton Network, a permissioned distributed ledger infrastructure purpose-built for institutional financial operations.