Bloomberg teams up with Kaiko to bring on-chain financial data, potentially upgrading pricing standards in the tokenized U.S. Treasury market

On February 27, Bloomberg announced a partnership with Paris-based digital asset data company Kaiko to directly integrate financial market data into blockchain networks. The first use case focuses on tokenized U.S. Treasuries and repurchase markets.

According to both parties, the collaboration includes providing on-chain pricing information, security identifiers, and reference data. Traditionally, this data is stored in off-chain databases, with different institutions often using different versions, leading to quote discrepancies for the same U.S. Treasury across banks and increasing clearing and reconciliation costs. By introducing a unified authorized data source, market participants can share consistent data sets on-chain, reducing operational risks.

This service is deployed on Canton Network, a permissioned blockchain network designed for institutional financial applications. Kaiko previously launched its Canton Network data access service in August 2025. The partnership with Bloomberg further expands its data coverage.

Data accuracy has long been an issue in the tokenization of real-world assets. In May, Plume co-founder Chris Yin noted that the RWA market size might be overestimated. Currently, RWA.xyz data shows the tokenized real-world asset market at approximately $25 billion (excluding stablecoins).

Kaiko CEO Ambre Soubiran stated that institutional-grade pricing data is fundamental for the proper functioning of tokenized securities. As traditional financial data infrastructure extends into the blockchain environment, the transparency and consistency of tokenized U.S. Treasury pricing are expected to improve. This partnership also reflects how traditional financial information providers are accelerating their efforts to build blockchain financial infrastructure.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Anchorage Digital makes a strategic investment in security infrastructure company Immunefi

Gate News Announcement: On March 11, the crypto financial services provider and the first federally chartered crypto bank in the United States, Anchorage Digital, is making a strategic investment in security infrastructure company Immunefi and purchasing the company's native token IMU.

GateNews1m ago

Chainlink Expands on Solana With Jupiter Prediction Market Integration

Jupiter has plugged in Chainlink’s Data Streams for its 5-minute and 15-minute prediction markets on Solana. While Jup Predict now relies on Data Streams for its short-duration crypto markets, Jupiter has not added Chainlink to its wider DeFi protocol. Chainlink has announced a new

CryptoNewsFlash3m ago

MetaMask integrates Uniswap API, supporting Uniswap v2/v3/v4 and UniswapX native swaps

MetaMask integrated the Uniswap API into its exchange service on March 11, supporting v2, v3, v4, and UniswapX protocols, based on their liquidity and pricing advantages. The API is available to developers for free and has served various applications, with the total trading volume of the Uniswap protocol exceeding $4 trillion.

GateNews12m ago

Build a double-layered protection network! CoinTrust and Whoscall launch cryptocurrency fraud prevention campaign

Bito Exchange has partnered with Gogolook's Whoscall to launch a cryptocurrency fraud prevention initiative, providing cybersecurity protection for the senior demographic. The initiative focuses on "Protection, Recognition, Verification, Reporting" to help users enhance their fraud awareness. Additionally, it offers free advanced anti-fraud services for users aged 50 and above to strengthen asset security.

区块客1h ago

Wall Street Giants Join the Battle! Wells Fargo Applies for "WFUSD" Trademark, Fully Deploying Cryptocurrency Trading and Stablecoin Payments

Wells Fargo has applied for the "WFUSD" trademark with the United States Patent and Trademark Office, covering cryptocurrency trading, payments, and tokenization services, demonstrating its determination to enter the digital asset market. Previously, the bank had invested in blockchain infrastructure and regarded digital assets as a tool for portfolio diversification, strengthening its strategic positioning in the field.

動區BlockTempo1h ago

Wells Fargo files trademark application for "WFUSD" in the US, covering digital asset trading, payments, and tokenization services

Gate News Announcement: On March 11, the financial giant Wells Fargo, with an asset management scale of $2.1 trillion, has filed a "WFUSD" trademark application in the United States. The trademark application covers three international classes: Class 009 includes downloadable software for digital asset trading, payments, and wallet functions; Class 036 covers cryptocurrency trading and exchange services, as well as financial information processing and electronic business related to digital assets; Class 042 includes software-as-a-service for asset tokenization and on-chain transaction payment infrastructure, as well as data encryption and electronic storage services.

GateNews2h ago
Comment
0/400
No comments