Rich by Coin

A joint venture tokenizes data workflows and enables onchain access for licensed participants on the Canton Network.
Bloomberg has partnered with Kaiko, a digital assets market data and analytics firm, to extend access to Bloomberg’s Data License offerings through 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, addressing 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 utilize Kaiko’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 their commitment to meeting clients where they operate as they work towards extending their 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 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.