Kaiko partners with Deutsche Börse on crypto market data
Crypto market data provider Kaiko, fresh off its acquisition of Napoleon Index from CoinShares, has announced a new partnership with Deutsche Börse Group to expand its market reach.
Kaiko will provide Deutsche Börse with tick-level trade data from all covered centralized (CeFi) and decentralized (DeFi) cryptocurrency exchanges, as well as D+1 spot order book tick-level data.
In a first phase in Q4 of this year, Deutsche Börse Group’s clients can access quality reviewed real time crypto price data feeds and historical tick by tick data from Kaiko through Deutsche Börse Market Data + Services’ distribution network. Historical order book data for selected digital asset exchanges will be made available to clients on a D+1 basis in the second phase. Clients and market members of DBG such as asset managers, banks, HFTs, custodians and market makers will now have access to Kaiko’s market data to reinforce their activities. Kaiko’s market data is ideal for use cases such as strategy backtesting, trading, portfolio valuation, post-trade, compliance or risk management.
Ambre Soubiran (pictured above), CEO of Kaiko, said:
“Kaiko is thrilled to partner with Deutsche Börse Group for the redistribution of high quality and auditable digital assets market data. Established institutions like DBG are essential in making cryptocurrency market data accessible to financial institutions. We are looking forward to reinforcing this partnership further in the future, as demand in data for this new asset class grows.”
Alireza Dorfard, Head of Market Data + Services at Deutsche Börse added:
“The crypto market faces high volatility and price fluctuations. Therefore, many of our clients have a high demand for consolidated data from centralised as well as decentralised exchanges to develop useful crypto investment strategies. Our new offering fulfils this need, helps our clients gain a deeper understanding of the cryptocurrency market and allows them to analyse specific events. With Kaiko and its extensive catalogue of data types, we have found the right partner for this purpose.”
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.