Kaiko partners with TP ICAP, extending its offering to Forex Converted Rates.

DECEMBER 5TH, 2023

The partnership will provide Kaiko with market-leading FX rates and enable it to enhance its Digital Asset Rates offering by incorporating additional fiat currency conversions.

Kaiko Forex Converted Rates will now include denominations in leading fiat currencies including; AUD, CHF, EUR, GBP, and JPY, with other major currencies available on request. This wide selection of Forex Converted Rates will empower crypto market participants with more accurate and relevant data for various uses, including use in investible products.

Facilitate Cross-Currency Valuation:

Auditors, accountants, and asset managers can now use Kaiko Forex Converted Rates to overcome the challenge of determining cryptocurrency values in different fiat currencies.

By utilizing TP ICAP FX data to convert Kaiko’s Digital Rates, clients can overcome the illiquidity of non-USD quoted pairs, ensuring accurate fixing and real-time market values.

Empower Arbitrage Strategies and Issue Investible Products:

Traders can utilize Forex Converted Rates to execute effective arbitrage strategies

Product issuers can rely on Kaiko Digital Asset Rates quoted in major currencies to underpin investible products.