Kaiko crypto price rates made available on Bloomberg Terminal and B-PIPE
Crypto market data provider Kaiko has announced that its mono asset cryptocurrency price rates are now available on the Bloomberg Terminal, and through Bloomberg’s flagship real-time market data feed, B-PIPE.
Built with best practice for financial benchmarking, Kaiko’s rates aggregate executed trade data from diverse, reliable sources to provide companies, investors, auditors and regulators with reliable and regulated daily pricing, whether it is for valuation, client reporting, accounting, or derivative contracts settlements. By boiling down extremely fragmented information into one single auditable value, Kaiko aims to bring standardization, clarity and transparency to the crypto ecosystem, a crucial element for its mass adoption.
Bloomberg recently announced the expansion of its coverage of crypto currency data on the Bloomberg Terminal to the top 50 crypto assets, enabling customers to monitor intraday pricing for an expanded universe of cryptos, indices and futures contracts in real-time for faster, data-driven investment decisions.
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 offer real-time best bids and best asks, while Kaiko Price Rates aggregate real-time executed trades data, both across selected exchanges, on the top 50 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, CEO 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.”
Today’s announcement builds on the recent news that Bloomberg and Kaiko issued the first series of Financial Instrument Global Identifiers (FIGIs) covering crypto assets.
Kaiko is the leading source of cryptocurrency market data, providing businesses with industrial grade and regulatory compliant data. Kaiko empowers market participants with global connectivity to real time and historical data feeds across the world’s leading centralized and decentralized cryptocurrency exchanges. Kaiko’s proprietary products are built to empower financial institutions and cryptocurrency businesses with solutions ranging from portfolio valuation to strategy backtesting, performance reporting, charting, analysis, indices, pre- and post-trade.