Providing trusted information, from all markets, on all networks. 🗓️ Explore The Agora, Kaiko’s institutional forum @TheAgora_Event ✍️ https://xitter.cf/t.co/BvRZ5wG6sL
Paris, France
Joined September 2014
- Tweets5.9K
- Following1.1K
- Followers23.2K
- Likes52.1K
Zcash has moved from the fringes of crypto into the top 10 by market cap.
ZEC has gained roughly 2,076% since the start of 2025, while daily spot volume nearly tripled around the launch of @Grayscale's spot ZEC ETF.
The rally shows how wider access and renewed demand for privacy have reshaped the market for ZEC.
ALT ZEC Spot Volume Tripled Around ETF Launch
Read the full data debrief 🔗 app.kaiko.com/data-debriefs/…
ALT ZEC Spot Trading Volume Compared to SOL and XRP
Tokenization is here, and traditional finance is investing in the data infrastructure to make it real.
Watch CEO of Kaiko, @ambresoub, explain why data is critical for tokenized markets: youtube.com/watch?v=NG4GqsaU…
Kaiko has joined the industry Taskforce supporting the UK’s Wholesale Digital Markets Champion, the initiative led by @hmtreasury to build a leading tokenized wholesale financial markets ecosystem in the UK.
As part of the Task Force Action Group 2, Kaiko will contribute its expertise in institutional-grade market data and data infrastructure to the development of practical secondary-market use cases.
Read the full announcement here 🔗 kaiko.com/news/kaiko-joins-t…
Congratulations to @SPGlobal and @SPGlobalRatings on their Aave report, built on Kaiko data.
The day before the 10/10/2025 crash, 98%+ of TVL sat in positions with a health factor above 1. By September 2026, Aave held $19.2B, a third of DeFi lending.
Read the full report 🔗spglobal.com/en/research-ins…
The Agora is back.
Our first edition drew 800+ attendees, more than 40% of them C-level. The second will be on April 13, 2027, at the Palais des Festivals, and the only way to join is by getting your name on the guestlist.
Join the guestlist: đź”— agora.kaiko.com/guestlist
One year after crypto’s largest liquidation event, the market still hasn’t fully recovered.
BTC perp open interest remains roughly 16% below pre-crash levels in BTC terms, while dollar-denominated spot depth is 27% lower.
Leverage has fallen faster than liquidity, leaving 20% less leverage per dollar of market depth than before October 10.
ALT Bitcoin leverage is lower relative to liquidity
A look back at our @Sibos 2026 dinner in Miami.
During Sibos, Kaiko co-hosted an intimate dinner with @ledger_business and @chainalysis joined by @FrancisSuarez. The evening brought together leaders across banking, custody, and digital asset infrastructure.
Thank you to everyone who joined us for the evening.
21shares has launched CLAU, an ETP tracking Anthropic’s implied pre-IPO valuation, listed on the Vienna MTF.
It is priced on the Kaiko Anthropic USD Reference Rate, calculated daily from @binance's @AnthropicAI perpetual futures.
@21shares @FalconXGlobal @KaikoData
kaiko.com/news/kaiko-brings-…
Before an IPO there is no listed share price, so the ETP’s net asset value relies on a rate from an independent benchmark administrator.
“Kaiko’s role is to provide 21shares and FalconX with an objective, transparent reference price,” said Anne-Claire Maurice.
Anthropic pre-IPO perps across 5 exchanges: $57M open interest, implied valuation $2.04T-$2.11T.
But venues disagree, with a median 3.5% gap between the highest and lowest quote. SpaceX's gap shrank from 4.8% to 0.2% at listing.
Kaiko tracks these exchanges 24/7.
ALT OKX and Gate Quote Anthropic 3% Above Other Venues
Kaiko computes benchmarks for pre-IPO markets using 24/7 market data. Whether you’re issuing products that track pre-IPO companies or need better visibility on these markets, reach out to the Kaiko team.
đź”— kaiko.com/contact-kaiko
Impressive momentum from @Temple_NY.
The growth in spot trading activity highlights the progress being made in Canton-native market infrastructure.
By collecting trading data from @CantonNetwork, we're helping bring greater transparency and visibility to activity across the network.
Exchange infrastructure native to Canton is scaling.
@Temple_NY's daily spot trading volume has grown roughly 955% since May, from about $2M to over $21M, accelerating after Virtual Orderbooks launched for custom venues.
Full analysis from @KaikoData in this month's newsletter.
Anthropic’s pre-IPO market is already attracting meaningful capital.
Open interest rose from roughly $11M to $57M in two months, a 5.1x increase, with Binance accounting for 68% of the total across five major exchanges.
With no public share price yet, these markets are becoming one of the few places where traders can express a view on Anthropic’s valuation.
ALT Anthropic Pre-IPO Open Interest Reached $57M
Kaiko joined the @CantonFdn Sub-Committee to help move tokenized collateral from pilots to acceptance at CCPs.
Every haircut and margin call starts with a price all counterparties trust, and we bring that pricing data onchain.
Read more: 🔗 kaiko.com/news/kaiko-brings-…
71% of tokenized stock volume on @Uniswap traded outside regular U.S. market hours in September.
Nearly half traded while exchanges were fully closed, pushing price discovery into overnight, weekend and holiday sessions.
The demand for 24/7 equities is already visible onchain.
ALT About Half of Tokenized Stock Volume on Uniswap Trades While U.S. Exchanges Are Closed
Kaiko has received an Honorable Mention in the Swift Hackathon 2026, announced at @Sibos in Miami.
Our submission set out the roles and information flows behind tokenized money market funds, in a model aligned with ISO 20022.
kaiko.com/news/kaiko-receive…
