THE problem

With capital markets infrastructure evolving towards tokenized securities, institutional participants require the same trusted pricing benchmarks they rely on in traditional markets, to be available onchain. In traditional securities’ workflows, disputes regularly arise as a result of inconsistent data sources, timing mismatches, and fragmented pipelines, and this often undermines confidence, introduces settlement risk, and creates operational friction. 

By adopting tokenized workflows, data becomes available onchain, allowing counterparties to tackle these inefficiencies and create a more stable and reliable workflow. However, this approach presents multiple challenges as data providers need to be confident that any extension of their data meets the critical enterprise-grade standards for quality, governance, and entitlement that they maintain elsewhere. 

the solution

To make onchain availability a reality, a leading market data provider chose to partner with Kaiko to enable access to their institutional-grade data products on the Canton Network via Kaiko’s Data On-Ramp oracle.

Using Data On-Ramp, offchain market data can be securely written onchain while maintaining the licensing, compliance, and IP protections required by institutional data providers. With strict entitlement controls, the organization can ensure that only authorized participants can access their specific datasets, following the standards set by traditional data licensing frameworks.  

This now means their data offerings can be used to support onchain capital markets infrastructure, without compromising the governance standards that institutional clients require. As a result, participants on the Canton Network can access real-time security master data, and evaluated pricing, to power collateral management, repo trading, and other tokenized securities workflows, without concerns around data quality, and in accordance with regulatory requirements.

building the data foundation for tokenized capital markets

By bringing the organization’s institutional-grade data onchain, Kaiko powers their broader approach to serving clients across both traditional and next-generation financial systems, working with industry leaders while maintaining enterprise standards for entitlement, compliance, and infrastructure neutrality.

As tokenized securities infrastructure matures, the availability of trusted, compliant data will be critical to scaling adoption. By establishing this foundation, Kaiko continues to enable institutional participants to operate with confidence in onchain capital markets, delivering the transparent, standardized data infrastructure needed to power the next generation of financial products.

To learn more about Kaiko’s Data On-Ramp services, visit https://onchain.kaiko.com/solutions/data-on-ramp