• FCA-regulated FX benchmark and reference rates are now available on-chain, 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 on-chain capital markets need to support real-world financial activity at scale.
• Kaiko is becoming the critical data conduit connecting regulated off-chain FX markets to the on-chain 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 on-chain has never been greater. Working in collaboration, Kaiko and New Change FX (NCFX) are delivering FCA-regulated FX benchmark rates on-chain via the Canton Network to meet this demand.

This on-chain 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 on-chain.  

From crypto data infrastructure to the backbone of on-chain 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 on-chain 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 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

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