EU vs US: Two Paths for Prudential Crypto Rules Explained
Kaiko Provides Custom Benchmarks to Regulated Derivatives Exchange D2X.
High-quality data combined with expert governance to create clean and trustworthy prices for futures settlement.
March 26th, 2024

Kaiko is pleased to join forces with D2X to provide digital asset benchmarks for the settlement of Bitcoin (BTC) and Ether (ETH) futures contracts. Set to launch in Q2 2024, this offering addresses the growing demand for EU-regulated crypto investment products.
Kaiko is the leading crypto data and Benchmark provider, providing high-quality and compliant market information since 2014. D2X is the EU-regulated trading venue for institutions, listing crypto futures and options.
This cooperation helps enable institutional investors to confidently gain exposure to crypto assets via a trusted and regulated derivative offering. The contracts provide exposure to BTC and ETH and are settled in Euros using the D2X Kaiko Rates, which are developed and administered by Kaiko Indices, Kaiko’s regulated indices and benchmarks division.
“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,” said Theodore Rozencwajg, Chief Commercial Officer & Co Founder of D2X.
“We are proud to support the launch of D2Xs BTC and ETH futures with trusted benchmarks for futures settlement. Since 2014, we've accompanied innovation in the crypto industry and are pleased to further support the growth of this asset class in the EU with our robust and compliant benchmarks.” commented Ambre Soubrian, CEO of Kaiko.
Kaiko’s plug-and-play Benchmarks are designed to provide a representative and broad reflection of crypto markets. The custom-designed D2X Kaiko Rates are comprised of broad exchange constituents with competitive levels of volume and liquidity.
Kaiko’s Benchmarks help promote the integrity of the settlement price and its methodology is designed to discourage manipulative conduct and pricing anomalies.
About Kaiko
Kaiko is a leading cryptocurrency market data provider, offering institutional-grade data solutions that empower market participants with comprehensive, accurate, and real-time information. With a commitment to transparency and reliability, Kaiko’s data services cater to a wide spectrum of market participants, from individual traders to institutions and research firms.
About D2X
D2X is launching the first regulated (MiFID II) crypto futures & options trading venue out of the Netherlands to facilitate the institutional adoption of the asset class. Operational 7-days-a-week, D2X facilitates off-exchange collateral accounts in partnership with a Tier-1 EU credit institution. The company aims to bridge the gap between traditional finance and the digital asset ecosystem. Its initial product listing is set to feature cash-settled EUR-denominated BTC and ETH derivatives.
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