Bloomberg and Kaiko Partner to Bring Financial Data On-Chain for Tokenized Treasurys
Bloomberg and Kaiko are bridging the gap between traditional finance and blockchain by licensing financial data for institutional use on distributed ledgers. The collaboration focuses initially on tokenized U.S. Treasurys and repo markets via the Canton Network.
Inconsistent pricing and reference data across institutions currently plague tokenized asset markets. Banks might value the same Treasury bond differently due to fragmented data sources. This initiative aims to standardize Bloomberg's Data License offerings on-chain through Kaiko's infrastructure.
The $25 billion tokenized real-world asset market (excluding stablecoins) stands to benefit from reliable on-chain data feeds. Unlike retail-focused crypto projects, this solution targets banks and asset managers seeking institutional-grade data integrity in blockchain environments.
