Paris based Kaiko, which provides institutional digital asset market data and infrastructure, and New Change FX (NCFX), an FCA-regulated independent FX benchmark rates provider, have announced a strategic collaboration to bring high-quality, regulated FX data to the Canton Network.

NCFX’s independent benchmark FX spot and FX forward rates will be made available to Canton applications with full IP protection, licensing control, and secure access. The deployment will use Kaiko’s Data On-Ramp Facility, which allows data providers to distribute their data on-chain while remaining the authoritative source. This enables tokenized product issuers on the Canton network to confidently build products using reliable FX benchmarks.

Ambre Soubiran (pictured above), CEO of Kaiko said,

“Kaiko’s Data On-Ramp brings regulated FX benchmarks onto Canton, strengthening the network’s pricing foundation, by providing the connectivity that links established benchmark providers with the on-chain ecosystems shaping tomorrow’s market applications.”

Kinga Broel-Plater, Chief Commercial Officer at New Change FX said,

“This partnership brings NCFX’s regulated and independent FX benchmarks onto the Canton Network through Kaiko’s infrastructure while preserving NCFX as the authoritative source of the data. Institutions operating on Canton can now rely on transparent and trusted FX pricing consistent with the standards used across global financial markets.”

About Kaiko

Kaiko is the global independent leader in digital asset market data, analytics, indices, and pricing for institutional investors, financial services firms, and regulators. Kaiko provides the foundational data infrastructure that bridges traditional finance and on-chain capital markets through regulatory-compliant and auditable data. For over 10 years, Kaiko has delivered the trusted, transparent, and actionable financial data that institutions need to navigate both centralized and decentralized digital asset markets.

About NCFX

New Change FX is a leading independent, FCA-regulated benchmark administrator providing real-time FX benchmark data for valuation, trading, ananlytics and risk management to institutions globally. As an authorized administrator under the UK implementation of the EU Benchmark Regulation (BMR), NCFX delivers transparent, auditable benchmark rates across FX spot and FX forwards, supported by robust methodology and full regulatory oversight. NCFX is supervised by the UK Financial Conduct Authority (FCA).