News Heat Trend
Project Overview
Kaiko is a crypto market data provider that collects tick-level data from centralized and decentralized crypto exchanges for both spot and derivatives trades. Tick-level data is the granular trade data, which enables high frequency trading strategies as well as compliance and risk management.
21Shares Launches Synthetic ETP for Anthropic, Offering Pre-IPO Valuation Exposure to AI Unicorn
Odaily News: 21Shares has launched a synthetic exchange-traded product (ETP) based on Anthropic's valuation on the Vienna Stock Exchange, with ticker symbol CLAU, providing investors with unleveraged exposure to Anthropic's pre-IPO valuation.The ETP does not represent direct ownership of Anthropic shares, whether before the company's listing or after the IPO is completed. Its return exposure comes from a Total Return Swap that tracks a reference rate constructed by Kaiko, which is based on Anthropic perpetual futures prices on Binance.21Shares stated that the product is designed to allow investors to participate in the valuation changes of private AI companies through traditional financial market instruments, providing a new investment channel for high-growth technology companies that have not yet gone public.
Derivnex completes first OTC swap on Canton Network
According to the Canton website, Derivnex announced the completion of the first over-the-counter (OTC) swap trade on the Canton network with DRW and Marex, as well as the first on-chain derivatives trade referencing the S&P Dow Jones Indices iBoxx USD Investment Grade Index, with index tokenization handled by Kaiko. Recorded on-chain via smart contracts, this trade enables DRW and Marex to perform valuation management and lifecycle event processing based on a single shared ledger, effectively replacing the inefficient model of traditional OTC derivatives markets that relies on multiple systems, bilateral communication, and continuous reconciliation. Derivnex employs the industry-standard Common Domain Model (CDM) to create standardized digital representations of derivative trades.
SP Globally Leads $110M Funding Round of Crypto Data Provider Kaiko
Crypto data provider Kaiko announced the completion of a $110 million funding round led by S&P Global, highlighting growing investment interest from Wall Street in tokenized market infrastructure.
Crypto data provider Kaiko completes $110 million funding round led by S&P Global
Odaily News — Crypto market data provider Kaiko has secured a new round of investment led by S&P Global, bringing the latest funding round's total size to $110 million. DRW Holdings, Susquehanna, Royal Bank of Canada, Nasdaq, BNP Paribas, Bpifrance, Broadridge, Canton Ventures, Coinbase Ventures, and Stellar also participated. Previously, crypto market data provider Kaiko completed a $53 million Series B funding round in June 2022, led by Eight Roads (a venture capital firm backed by Fidelity), with participation from French venture capital firm Revaia and existing investors Alven, Point Nine, Anthemis, and Underscore. (Bloomberg)
USDC's share of euro stablecoin trading rises to 56%, surpassing USDT
Odaily reports: Data from crypto market data firm Kaiko shows that USDC now accounts for 56% of euro stablecoin trading volume, up from 10% in January 2024, and has surpassed USDT. The shift in market share accelerated after multiple exchanges in the European Economic Area restricted USDT trading in accordance with the Markets in Crypto-Assets Regulation (MiCA).USDC's liquidity in euro-denominated trading has also surpassed USDT, with its order book depth approximately 40% higher. However, USDT remains the larger stablecoin globally, with a circulating supply about 2.5 times that of USDC.About two weeks ago, the European Banking Authority (EBA) designated USDC as the EU's first "significant e-money token" under the MiCA framework and placed it under direct supervision. Kaiko also noted that the U.S. GENIUS Act could drive similar trading shifts on U.S. platforms; Tether, meanwhile, has launched USAT, a stablecoin aimed at the U.S. market. (Cointelegraph)
Kaiko Acquires Cometh to Expand On-Chain Data Infrastructure Capabilities Compliant with MiCA Regulations
According to an official announcement, Kaiko—a provider of digital asset market data and analytics—has announced the acquisition of Cometh, a European decentralized finance infrastructure provider holding MiCA/CASP licenses. The acquisition aims to integrate data, analytics, indices, and on-chain infrastructure capabilities, while leveraging Cometh’s smart contract engineering expertise. Kaiko stated that upon completion of the transaction, the company will establish an integrated infrastructure covering BMR-authorized indices, MiCA-compliant products, oracles, and on-chain execution capabilities. Cometh previously obtained its MiCA/CASP license from France’s Autorité des Marchés Financiers (AMF) and holds ISO/IEC 27001:2022 certification.
Related news
USDC's share of euro stablecoin trading rises to 56%, surpassing USDT
Odaily reports: Data from crypto market data firm Kaiko shows that USDC now accounts for 56% of euro stablecoin trading volume, up from 10% in January 2024, and has surpassed USDT. The shift in market share accelerated after multiple exchanges in the European Economic Area restricted USDT trading in accordance with the Markets in Crypto-Assets Regulation (MiCA).USDC's liquidity in euro-denominated trading has also surpassed USDT, with its order book depth approximately 40% higher. However, USDT remains the larger stablecoin globally, with a circulating supply about 2.5 times that of USDC.About two weeks ago, the European Banking Authority (EBA) designated USDC as the EU's first "significant e-money token" under the MiCA framework and placed it under direct supervision. Kaiko also noted that the U.S. GENIUS Act could drive similar trading shifts on U.S. platforms; Tether, meanwhile, has launched USAT, a stablecoin aimed at the U.S. market. (Cointelegraph)
After Anthropic filed its S-1, Pre-IPO perpetual contract trading volume surged 159%
According to Kaiko's monitoring, within an hour after Anthropic filed its S-1 registration statement, the 24-hour trading volume of its pre-IPO perpetual contracts increased by 159%. Contract trading activity related to Binance saw a significant surge, with the 24-hour trading volume jumping 233% to $35.2 million since 12:00 UTC, while open interest simultaneously rose by 6.8%.
21Shares Launches Synthetic ETP for Anthropic, Offering Pre-IPO Valuation Exposure to AI Unicorn
Odaily News: 21Shares has launched a synthetic exchange-traded product (ETP) based on Anthropic's valuation on the Vienna Stock Exchange, with ticker symbol CLAU, providing investors with unleveraged exposure to Anthropic's pre-IPO valuation.The ETP does not represent direct ownership of Anthropic shares, whether before the company's listing or after the IPO is completed. Its return exposure comes from a Total Return Swap that tracks a reference rate constructed by Kaiko, which is based on Anthropic perpetual futures prices on Binance.21Shares stated that the product is designed to allow investors to participate in the valuation changes of private AI companies through traditional financial market instruments, providing a new investment channel for high-growth technology companies that have not yet gone public.
Derivnex completes first OTC swap on Canton Network
According to the Canton website, Derivnex announced the completion of the first over-the-counter (OTC) swap trade on the Canton network with DRW and Marex, as well as the first on-chain derivatives trade referencing the S&P Dow Jones Indices iBoxx USD Investment Grade Index, with index tokenization handled by Kaiko. Recorded on-chain via smart contracts, this trade enables DRW and Marex to perform valuation management and lifecycle event processing based on a single shared ledger, effectively replacing the inefficient model of traditional OTC derivatives markets that relies on multiple systems, bilateral communication, and continuous reconciliation. Derivnex employs the industry-standard Common Domain Model (CDM) to create standardized digital representations of derivative trades.
Analysis: Binance Expands Circle Partnership, USDC May Further Challenge USDT
Binance has signed a new five-year commercial agreement with Circle and invested $100 million to purchase Circle shares, which will further expand USDC's coverage in emerging markets and global transactions, and exert more pressure on USDT, which has long been dominated by Tether.Data shows that when the two parties first partnered in December 2024, Binance offered 140 USDC-denominated spot trading markets, which has now increased to 329; Binance's monthly USDC trading volume also grew from approximately $20 billion to $40 billion before the partnership to consistently exceeding $80 billion.Anastasia Melachrinos, Head of Research at Kaiko, stated that since 2026, Binance has consistently held the largest share of USDC spot trading activity, with daily trading volumes reaching $5 billion to $10 billion, approximately 10 to 20 times that of most other trading platforms. Analysts also noted that USDT currently has a market capitalization of approximately $140 billion, still significantly higher than USDC's approximately $74 billion, and its trading pairs, local liquidity, and user habits accumulated over years in the global trading and payment markets remain difficult to change in the short term. (CoinDesk)
Bitwise 推出 Lighter Staking ETP，LIT 短时涨超 10%
据 The Block 报道，Bitwise 正式推出 Lighter Staking ETP（代码：BLIT），于德意志交易所 Xetra 上市交易，为投资者提供 LIT 代币的交易所交易敞口。该产品追踪 Kaiko Lighter 参考利率指数，并计划在资产管理规模达到一定门槛后开启质押收益捕获功能。