Kaiko, a cryptocurrency market data provider based in Paris, has announced that it has been authorized by CME Group to redistribute crypto data.
This partnership will enable Kaiko to disseminate real-time data on Bitcoin and Ether futures, options, and spread contracts. According to a press release issued by the company, Kaiko will establish a direct connection with CME Group via a websocket service for Tick Trades, Top of Book, and Reference data. Users who access Kaiko’s REST API and streaming service will be able to acquire data that supports actionable market insights.
“CME Group occupies a central role as a top derivatives marketplace, rendering its data essential to our comprehensive offering,” said Ambre Soubiran, CEO of Kaiko. “Broadening our coverage helps us cater to the growing demand among financial institutions for high-quality data from one of the largest derivatives exchanges in the industry.”
As stated on its website, Kaiko is headquartered in Paris with additional offices in London, New York, and Singapore. The company was established in 2014 with the objective of providing crypto market participants with research and data for use cases throughout the investment lifecycle. The overarching goal of Kaiko is to bridge the gap between traditional and digital finance by empowering businesses with market data from both centralized and decentralized sources.
CME Group is recognized as a global derivatives marketplace according to information available on its website. The company provides an array of products including futures and options, electronic trading services along with clearing and settlement services.
