TechFlow News, February 27: According to a Cointelegraph report, Bloomberg is partnering with Kaiko, a Paris-based digital asset market data provider, to embed Bloomberg’s licensed financial data directly into blockchain environments—bypassing traditional off-chain database access. This collaboration aims to address data inconsistency challenges in tokenized markets.
The first use case focuses on tokenized U.S. Treasury securities and repurchase agreement (repo) markets operating on the Canton Network—a permissioned blockchain network designed for institutional financial applications. Kaiko launched this data access service in August. The integration primarily targets banks, asset management firms, and other regulated financial institutions exploring blockchain-based versions of traditional financial instruments.
Current estimates place the market size of tokenized real-world assets (RWAs)—excluding stablecoins—at approximately $25 billion. Ambre Soubiran, CEO of Kaiko, stated that institutional-grade data is essential for well-functioning financial markets, and this partnership will “extend the market data used in traditional markets to support the next-generation tokenized securities infrastructure.”
