Kaiko Acquires Amberdata to Enhance Institutional Crypto Data Services
- Kaiko, a Paris-based crypto data platform, has acquired Amberdata, a US-focused digital asset data provider.
- The acquisition aims to expand Kaiko’s institutional data stack and support around 250 institutional clients globally.
- Amberdata’s tools include derivatives analytics and the AI-powered GVOL options analytics platform, which were highly requested by institutional clients.
- This marks Kaiko’s fifth acquisition as it seeks to consolidate its position in providing DeFi-grade market data and analytics.
- The terms of the deal remain confidential, according to CEO Ambre Soubiran.
The acquisition of Amberdata aligns with the growing demand from banks and hedge funds for reliable and comprehensive crypto market data solutions. This move emphasizes Kaiko’s commitment to meeting the needs of institutional investors in fragmented markets.
With this acquisition, Kaiko strengthens its position as a leading provider of institutional-grade data services in the cryptocurrency space, enhancing capabilities for over 250 clients worldwide.
