• FCA-regulated FX benchmark and reference rates are now available onchain, delivering institutional-grade FX pricing to applications built on the Canton Network in real-time.
• Covering 65+ benchmark currency pairs and over 2000+ reference pairs at 50ms update frequency, the partnership provides the trusted FX data backbone that onchain capital markets need to support real-world financial activity at scale.
• Kaiko is becoming the critical data conduit connecting regulated offchain FX markets to the onchain world, extending a decade of institutional trust beyond crypto into foreign exchange.

With traditional financial institutions embracing DLT infrastructure, the need for compliant, real-time FX data onchain has never been greater. Working in collaboration, Kaiko and New Change FX (NCFX) are delivering FCA-regulated FX benchmark rates onchain via the Canton Network to meet this demand.

This onchain access is made possible by Kaiko’s Data On-Ramp oracle solution. The launch ensures access to institutional-grade FX pricing that is normalized, compliant, and aligned to institutional standards, meaning network participants now have the critical and trustworthy real-time data they need onchain.  

From crypto data infrastructure to the backbone of onchain capital markets

For over a decade, Kaiko has been the independent, regulated data provider that institutions rely on across digital asset markets. Now, with its Data On-Ramp oracle, Kaiko has extended into distributing third-party data from other trusted sources available onchain for regulated use cases, and this partnership with NCFX is the first of many to come. 

Moving forward, Kaiko will provide the central data infrastructure behind a new generation of financial markets that fully embrace the benefits of DLT technology.

About Data On-Ramp

Data On-Ramp enables direct access to regulated and compliant Reference Rates, directly onchain, 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

You can find out more about the full potential and capabilities of our Data-On-Ramp here.