Kaiko Expands Institutional Crypto Data Services with Amberdata Acquisition

Kaiko, a leading provider of institutional crypto data services, has completed the acquisition of Amberdata in a move to bolster its offerings. The merged entity will provide a comprehensive range of data products and analytics to its clients, including derivatives and AI-powered research tools.

The acquisition is expected to serve approximately 250 institutional clients globally, expanding Kaiko's reach and capabilities in the market. While the financial details of the deal have not been disclosed, the transaction was finalized on Monday.