Bloomberg has partnered with Kaiko, a digital assets market data and analytics firm, to support access to Bloomberg’s Data License offerings via Kaiko’s infrastructure, targeting US Treasuries and repo workflows on the Canton Network.
The joint venture aims to make the data license offerings accessible onchain, designed to address challenges in existing workflows, such as inconsistent data sources, timing mismatches, and fragmented pipelines.
Through the tokenisation of workflows, enabled by Bloomberg’s onchain data, counterparties will be able to reference a single, verifiable source.
According to the firms, the initiative will utilise Kako’s data on-ramp service to securely write offchain market data onchain, with entitlement controls that ensure only licensed participants can access Bloomberg data, aligning with traditional licensing frameworks.
Speaking on the joint venture, Emilie Gallagher, global head of commodities and FX at Bloomberg, says it “reflects our commitment to meeting clients where they operate, as we work towards extending our Data License offerings into new environments”.
Ambre Soubiran, CEO of Kaiko, adds: “Collaborating with Bloomberg will extend the availability of market data used in traditional markets to now support the next generation of tokenised securities infrastructure.”
The initial rollout phase will focus on supporting tokenised US Treasuries and repo workflows, with the initiative designed to expand to additional asset classes, use cases, and communities based on client demand, according to the companies.
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