Kaiko Acquires Amberdata to Add Derivatives, On-Chain Data

Paris-based Kaiko has acquired Amberdata, a US digital asset data provider, in a deal completed on Monday. The acquisition expands Kaiko’s analytics offerings for institutional clients, adding derivatives metrics, options analytics and on-chain data to its existing market data services.

Amberdata’s technology brings derivatives analytics and artificial intelligence research tools, including the GVOL options analytics platform, to Kaiko’s product set. Kaiko said the combined platform will serve banks, asset managers, hedge funds, exchanges and trading firms that need cleaner, broader data across fragmented crypto markets. The company estimates the merged client base will cover about 250 institutional customers worldwide.

Financial terms of the transaction were not disclosed. Chief executive Ambre Soubiran said the rise in participation from banks, asset managers and hedge funds has increased demand for data that meets traditional financial standards. She described the acquisition as the completion of a strategy Kaiko has pursued since its founding and said the combined business positions the firm as an independent, globally regulated provider for institutional data needs.

Kaiko framed the deal as part of a broader effort to integrate market, derivatives and on-chain intelligence. The firm acquired on-chain data infrastructure provider Cometh on May 20; Cometh is licensed under the European Union’s Markets in Crypto-Assets Regulation (MiCA) as a crypto asset service provider. Earlier this year Kaiko also announced a collaboration to bring licensed traditional financial data into blockchain-native environments.

Kaiko has used its platform to flag questionable trading patterns, including in May when its analytics identified trading behavior consistent with frontrunning around some crypto listing announcements. The company said the Amberdata acquisition is its fifth purchase as it builds a unified offering of spot, derivatives and on-chain data and analytics for professional investors and trading teams.