This customer story originally featured Amberdata. Following Kaiko’s acquisition of Amberdata, Metafide continues to leverage Kaiko’s institutional digital asset data infrastructure.
To learn more about the acquisition, visit https://www.kaiko.com/news/kaiko-acquires-amberdata-in-landmark-digital-asset-data-consolidation
Background
Metafide is a blockchain ratings company that uses artificial intelligence and machine learning to deliver real-time ratings and analysis for digital assets. Its mission is to improve transparency and trust across the blockchain ecosystem by helping businesses and investors make more informed, data-driven decisions.
To power its proprietary ratings platform, Metafide needed comprehensive, real-time market and blockchain data spanning multiple asset classes and blockchain ecosystems.
THE PROBLEM
To build their blockchain ratings platform, Metafide required reliable, institutional-grade data across blockchain networks, crypto markets, derivatives, and decentralized finance.
Developing and maintaining this infrastructure internally would have required significant investment, while using multiple providers risked introducing operational complexity and fragmented datasets.
Considering these limitations, Metafide entered the market, looking for a scalable solution capable of supporting several critical requirements:
Multi-chain data coverage – Access blockchain, crypto market, derivatives, and DeFi data through a unified platform.
Comprehensive market intelligence – Combine blockchain activity with spot, futures, perpetual swaps, options, lending protocols, and decentralized exchange data.
Reduced infrastructure complexity – Eliminate the need to build, operate, and maintain proprietary blockchain nodes and data pipelines.
Scalable development – Accelerate product development while avoiding the significant costs associated with building internal market data infrastructure.
THE solution
After evaluating available providers, Metafide selected Kaiko for its digital asset data platform. This decision was based on a range of criteria including:
Unified Digital Asset Data
Kaiko provides access to blockchain, market, derivatives, and DeFi datasets through a single integration, eliminating fragmented data sources.
Multi-chain Coverage
Comprehensive coverage across blockchain networks and trading venues enables Metafide to build a holistic view of digital asset markets.
Institutional-grade APIs
Reliable APIs and comprehensive documentation enabled Metafide to integrate data quickly and accelerate development without building and maintaining proprietary infrastructure.
Scalable Infrastructure
By leveraging Kaiko’s market data platform, Metafide avoided the significant engineering investment required to build and scale its own digital asset data infrastructure.
“Partnering with a comprehensive digital asset data provider has allowed us to accelerate our roadmap and provide real-time algorithmic ratings for all exchange-traded assets in a fraction of the time and for a fraction of the cost to develop it ourselves. To do what we do, at the scale that Metafide does it, would be just about impossible without that foundation.”
– Frank Speiser, CEO & Co-Founder, Metafide
THE results
Using Kaiko’s market data platform, Metafide accelerated product development while reducing both infrastructure complexity and operational costs, while also achieving:
Faster Implementation
Responsive support and comprehensive API documentation enabled a smooth integration process with minimal disruption to development.
Accelerated Product Development
Metafide launched a fully functional blockchain ratings platform in just three months.
Rapid API Deployment
The company released its own API in under five months, expanding access to its proprietary blockchain ratings.
Lower Infrastructure Costs
By leveraging Kaiko’s unified data platform, Metafide avoided the significant expense of building and maintaining its own market data infrastructure.
AI-powered Market Intelligence
Comprehensive market and blockchain data enabled Metafide to develop algorithmic ratings capable of identifying significant market events, including the USDC depegging.
Learn more about Kaiko’s Level 1 and Level 2 Market Data or Contact Us to speak to our expert team about your requirements.
