Updated for Q1 2025: Kaiko Spot Exchange Ranking

How D2X Used Kaiko Indices Benchmarks for Futures Settlement

THE PROBLEM

Aiming to address the growing demand for EU-regulated crypto investments, D2X were looking to launch their Bitcoin (BTC) and Ether (ETH) futures contracts, and needed a partner who could provide accurate and reliable Benchmarks for settlement in Euros.

This would help lay a strong foundation for institutional investors to confidently gain exposure to crypto assets via a trusted and regulated derivatives offering.


THE solution

After exploring their options, D2X chose to partner with Kaiko Indices to develop custom Benchmarks comprised of a broad range of exchange constituents with competitive levels of volume and liquidity. 

Using a robust aggregation methodology combining volume-weighted median and time-weighted average price, these benchmarks discouraged manipulative conduct and pricing anomalies, helping the organization promote the integrity of the settlement price.

Theodore Rozencwajg, Chief Commercial Officer & Co Founder of D2X

“Institutions will undoubtedly play a major role in the next wave of adoption for the asset class. Our strategic partnership with Kaiko significantly enhances the D2X offering, bringing a regulated and secure infrastructure for crypto derivatives to institutions,”

Kaiko INDICES SOLUTIONS

See how our comprehensive suite of proprietary BMR-compliant benchmarks and indices can help your organization with derivatives settlement.

  • Benchmarks

    Plug-and-play single and multi-asset benchmarks, backed by expert quant research and 24/7 support.

  • Customized
    Indices

    Custom-built multi-asset indices for your specific needs, produced by crypto experts with total flexibility.

  • Calculation Agent Services

    Expert benchmark calculations and NAVs using your methodology, delivered with exceptional speed and reliability.

  • Ready to Get Started?

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