Bloomberg, Kaiko Unite to Bring Licensed Data On-Chain for Tokenized Finance
Bloomberg and Kaiko have joined forces to bring licensed financial data on-chain for institutional participants in tokenized RWA markets.
The collaboration aims to address data inconsistency across these ecosystems, where different participants rely on varying versions of pricing data, security identifiers, or reference information.
The first application focuses on tokenized U.S. Treasurys and repo markets operating on the Canton Network, a permissioned blockchain built for institutional financial use.
Kaiko CEO Ambre Soubiran said the collaboration will 'extend the availability of market data used in traditional markets to now support the next generation of tokenized securities infrastructure.'