Crypto data firm Kaiko acquires European index provider Vinter

French blockchain analytics agency Kaiko has acquired crypto index supplier Vinter, aiming to broaden its presence within the European exchange-traded product market.

Kaiko, a Paris-based blockchain information agency, introduced the acquisition of European index supplier Vinter as a part of its technique to consolidate regulated crypto monetary merchandise.

In a blog announcement on Nov. 12, Kaiko said that the acquisition will allow the agency to satisfy the “rising institutional demand” for crypto indices following the profitable launch of spot Bitcoin exchange-traded funds within the U.S. earlier this yr.

“This strategic acquisition comes amid important business consolidation, which has a direct influence on crypto market integrity.”

Kaiko

Kaiko CEO Ambre Soubiran commented on the acquisition, noting that it aligns with the agency’s purpose to broaden its product choices and world shopper protection. Whereas Kaiko didn’t disclose the scale of the deal, it said that this transaction marks its “third and largest acquisition so far.”

Kaiko expands its product portfolio

In April 2022, Kaiko acquired information agency Kesitys to assist the launch of a brand new enterprise unit centered on quantitative analytics merchandise. In June, Kaiko additional expanded by buying Napoleon Index from European asset supervisor CoinShares.

Based in 2014 by Ambre Soubiran, Kaiko aggregates, normalizes, and distributes crypto market information to institutional buyers, exchanges, and different companies, providing insights on pricing, commerce volumes, and blockchain metrics. The agency has raised a complete of $91.1 million over three funding rounds, with buyers together with ConsenSys Mesh, Eight Roads, Revaia, and HashKey Capital, in line with data from PitchBook.