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 went to X on Tuesday November 12, 2024, to reveal the merger, emphasizing that the strategic acquisition will aim to strengthen Kaiko’s position in the growing European ETP market and expand its offerings in crypto data and index services.
Kaiko acquires Vinter, the leading European crypto index provider!
We are delighted to announce that Kaiko has acquired @vintercothe first European name in regulated crypto indices! This strategic move amplifies Kaiko’s role as a global leader in crypto market data and indices,… pic.twitter.com/rAlSSgNb9E
-Kaiko (@KaikoData) November 12, 2024
The integration of Vinter’s “leading indexing products with Kaiko’s existing infrastructure will bring new opportunities for institutional-grade data solutions,” the company said.
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“The combination of Kaiko and Vinter marks the creation of an undisputed leader in crypto indexing”
The latest acquisition is expected to enhance Kaiko’s offering by integrating Vinter’s robust index and index calculation services.
Commenting on the partnership, Ambre Soubiran, CEO of Kaiko, said: “This acquisition marks a pivotal moment for Kaiko. We believe that combining Vinter’s innovative indexing capabilities with our deep market data expertise will enable us to provide comprehensive data and indexing solutions to ETP issuers across Europe.
Obligatory party beer by the Bangkok river. Grateful for @ethereum taking us all over the world. @KaikoData just celebrated its 10th anniversary, we’ve been patiently building institutional market data solutions, I love this industry, and I feel like it’s about to be show time! pic.twitter.com/ptimEaNxZq
– Ambre Soubiran (@ambresoub) November 12, 2024
Meanwhile, Vinter CEO Jacob Lindberg said: “CThe combination of Kaiko and Vinter marks the creation of an undisputed leader in crypto indexing and data.
By integrating Vinter’s expertise, Kaiko also plans to meet the demand for data solutions tailored to institutional investment needs in the cryptocurrency space.
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The evolving European market for crypto ETPs
The European market for exchange-traded crypto products 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 analysis company.
While the United States accounts for nearly $61 billion in crypto exchange-traded funds (ETFs), Europe stands out with a wider range of investment options.
In fact, as of June 2024, Europe has become a global leader offering more than 135 crypto ETPs, surpassing the 35 ETFs available in the United States and the 32 in Canada, demonstrating Europe’s leadership in providing diverse vehicles crypto investments.
Additionally, the European approach is distinguished by its focus on exchange-traded commodities (ETCs) and exchange-traded notes (ETNs) to provide regulated access to a variety of cryptocurrencies.
In August 2023, the introduction of Jacobi FT Wilshire Bitcoin ETF on the Euronext Amsterdam exchange had marked the first spot Bitcoin ETF in Europe, underscoring the region’s continued commitment to expanding the accessibility of crypto assets for investors.
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Strengthen market presence and customer offerings through Vinter integration
With the acquisition of Vinter, Kaiko would essentially meet growing market demand from asset managers and seller clients, as noted in the press release.
The acquisition also builds on Kaiko’s significant growth, marked by previous milestones such as the acquisition of the Napoleon Indices in June 2022 and the launch of the Kaiko Indices, now considered a global standard for crypto derivatives.
The combined capabilities of Kaiko and Vinter should facilitate effective structuring and hedging strategies.
Additionally, Kaiko’s existing partnerships with major players such as Bloomberg, Deutsche Börse, CBOE and Bitstamp could ideally strengthen the role of robust data infrastructure in driving mainstream crypto adoption and advancing crypto markets. digital assets on a global scale.
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