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Bloomberg extends financial data to $25B tokenized markets via Kaiko

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 67 Views

Bloomberg extends financial data to $25B tokenized markets via Kaiko

Bloomberg and Kaiko aim to embed licensed financial data directly on blockchain networks, targeting institutional tokenized Treasurys and repo markets.

Bloomberg is collaborating with Kaiko, a Paris-based digital asset market data provider, to make Bloomberg’s licensed financial data accessible directly within blockchain environments rather than through traditional offchain databases.

The companies said Thursday that the initiative is designed to address the challenge of inconsistent data across tokenized markets. 

In many tokenized asset ecosystems, companies may rely on different versions of pricing data, security identifiers or reference information, increasing the risk of discrepancies and operational inefficiencies.

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