French digital asset data provider Kaiko has announced the acquisition of Vinter, Europe’s largest index provider for exchange-traded product(ETP) issuers.
The company took to X on Tuesday, 12 Nov 2024, to reveal the merger, highlighting that the strategic acquisition will be aimed at strengthening Kaiko’s position in Europe’s growing ETP market and expand its offerings in crypto data and index service.
Kaiko Acquires Vinter, Europe’s Leading Crypto Index Provider!
We’re thrilled to announce that Kaiko has acquired @vinterco, Europe’s top name in regulated crypto indices! This strategic move amplifies Kaiko’s role as the global leader in crypto market data and indices,… pic.twitter.com/rAlSSgNb9E
— Kaiko (@KaikoData) November 12, 2024
The integration of “Vinter’s leading index products with Kaiko’s existing infrastructure will bring new opportunities for institutional-grade data solutions,” the company stated.
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“Combining Kaiko and Vinter marks the creation of an undisputed leader for crypto indexing”
The latest acquisition is expected to enhance Kaiko’s offering by integrating Vinter’s robust indices and index calculation services.
Commenting on the partnership, Kaiko’s CEO, Ambre Soubiran said, “This acquisition marks a pivotal moment for Kaiko. We believe that combining Vinter’s innovative index capabilities with our deep market data expertise will enable us to deliver comprehensive data and indexing solutions for ETP issuers across Europe.”
Mandatory celebratory beer by the Bangkok river. Grateful for @ethereum taking us all around the world. @KaikoData just celebrated its 10-year, we’ve been patiently buidling institutional market data solutions, I love this industry, and it feels like it’s about to be show time! pic.twitter.com/ptimEaNxZq
— Ambre Soubiran (@ambresoub) November 12, 2024
Meanwhile, Vinter’s CEO Jacob Lindberg said, “Combining Kaiko and Vinter marks the creation of an undisputed leader for crypto indexing and data.”
By incorporating Vinter’s expertise, Kaiko also plans to address the demand for data solutions tailored to institutional investment needs in the cryptocurrency space.
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Europe’s Evolving Market For Crypto ETPs
Europe’s crypto exchange-traded products market has become a dynamic landscape with over $15 billion in assets under management (AUM), reflecting significant investor interest, according to ETF book, a leading Swiss analytical company.
While US constitutes for nearly $61 billion in the crypto exchange-traded fund (ETF), Europe stands out with a wider array of investment options.
In fact, in June of 2024, Europe had emerged as a global leader offering over 135 crypto ETPs, surpassing the 35 ETFs available in the US and the 32 in Canada, demonstrating Europe’s leadership in providing diverse crypto investment vehicles.
Furthermore, Europe’s approach distinguishes itself through a focus on exchange-traded commodities (ETCs) and exchange-traded notes (ETNs) to offer regulated access to a variety of cryptocurrencies.
In August 2023, the introduction of the Jacobi FT Wilshire Bitcoin ETF on the Euronext Amsterdam exchange had marked Europe’s first spot Bitcoin ETF, highlighting the region’s ongoing commitment to expanding crypto asset accessibility for investors.
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Strengthening Market Presence and Client Offerings with Vinter’s Integration
With Vinter’s acquisition, Kaiko would essentially cater to a growing market demand from asset managers and sell-side clients, as outlined in the press release.
The acquisition also builds upon Kaiko’s significant growth, marked by previous milestones like the acquisition of Napoleon Indices in June, 2022 and the launch of Kaiko Indices, now regarded as a global standard for crypto derivatives.
The combined capabilities of Kaiko and Vinter is expected to facilitate efficient structuring and hedging strategies.
Moreover, Kaiko’s existing partnerships with significant players like Bloomberg, Deutsche Börse, CBOE and Bitstamp could ideally reinforce the role of robust data infrastructure in fostering mainstream crypto adoption and advancing digital asset markets, globally.
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