Paris-based blockchain analytics company Kaiko has acquired European crypto index provider Vinter for an undisclosed amount.
Vinter is one of the largest index providers for exchange traded product (ETP) issuers in Europe. Vinter supplies data to a number of European crypto ETPs, including those from 21Shares.
Kaiko’s Third and Largest Acquisition To Date
CEO Ambre Soubiran said this is the firm’s third and largest acquisition to date. The deal is part of a broader industry consolidation around regulated crypto financial products. Most recently, there has been a huge growth in the AUM for crypto derivatives, exchange-traded funds (ETFs), and ETPs.
“Vinter’s role as the leading provider of indices for the Asset Management industry in Europe, allows us to expand our product offering and client coverage. Combining Vinter’s expertise and Kaiko’s trusted brand and global presence, will elevate our service globally.” said Soubiran.
For context, Kaiko reports over $4 billion in futures were settled on Kaiko reference rates last year. Vinter serves funds with over $10 billion in assets under management.
With this acquisition, Kaiko said it addresses a multibillion-dollar industry and is aiming to solidify its position as the world’s leading crypto market data and index company.
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