• As traditional finance firms accelerate their adoption of distributed ledger technology (DLT), Kaiko’s request-response oracle launches with both Kaiko Reference Rates and third-party data: a clear signal that institutional-grade infrastructure is now arriving on-chain.
• Covering a range of asset classes beyond crypto, the oracle provides the trusted data backbone that on-chain capital markets need to scale beyond proof of concept.
• The oracle makes verified market data available on-chain for the first time, delivering normalized and compliant data to apps built on-chain.

TradFi meets on-chain infrastructure

With the launch of the oracle, we’ve seen a turning point for on-chain capital markets. For the first time, institutional-grade, verified market data is available directly on-chain. For apps built on distributed ledger infrastructure, including the Canton Network, this means access to normalized, compliant data aligned to the standards institutional participants demand.

The oracle launches with both Kaiko’s proprietary data and a range of third-party data available, including Bloomberg Data Licence. This launch continues our journey towards a broader vision of centralized finance embracing blockchain technology as infrastructure. As the scepticism towards blockchain technology for institutional organizatons continue to fall, we are evolving into THE data layer that makes critical off-chain information available on-chain.

Scaling capital markets on-chain

As capital markets began to enter a new phase of innovation and move beyond proof of concept into scalable, regulated deployment on-chain, it became increasingly clear that there was still a fundamental piece missing: Data systems built to the standards traditional markets required.

Without a trusted, institutional-grade data foundation, on-chain capital markets could not scale. Our Data On Ramp fills that gap, providing the data backbone that unlocks large-scale financial activity on-chain, across extensive use cases. With data connectivity for Canton, Hyperliqud, Arbitrum, and any other EVM-compatible chain, Data On-Ramp now enables direct access to regulated and compliant Reference Rates, directly on-chain, including:      

• Crypto: BMR-compliant pricing for all major digital assets
• Equities: Single stock prices from leading global markets
• ETFs: NAVs for the top Exchange Traded Funds
• Commodities: Real-time prices for oil and other essentials
• FX: Foreign exchange rates across major currency pairs

Moving from crypto to equities and beyond

For over a decade, Kaiko has been the independent, regulated data provider that institutions rely on across digital asset markets. Our BMR-compliant rates already power the largest perpetual futures markets globally, including One Trading, CBOE, and Bitstamp by Robinhood, but the opportunities ahead go beyond crypto.

With the oracle now live, we are extending the institutional trust Kaiko is renowned for to all asset classes through institutional-grade 24/7 verified data. Moving forward, we will provide the central data infrastructure behind a new generation of financial markets that fully embrace the benefits of DLT technology.

You can find out more about our Data-On-Ramp here.