On February 27, Bloomberg announced a partnership with Paris-based digital asset data company Kaiko to directly integrate financial market data into blockchain networks. The first use case focuses on tokenized U.S. Treasuries and repurchase markets.
According to both parties, the collaboration includes providing on-chain pricing information, security identifiers, and reference data. Traditionally, this data is stored in off-chain databases, with different institutions often using different versions, leading to quote discrepancies for the same U.S. Treasury across banks and increasing clearing and reconciliation costs. By introducing a unified authorized data source, market participants can share consistent data sets on-chain, reducing operational risks.
This service is deployed on Canton Network, a permissioned blockchain network designed for institutional financial applications. Kaiko previously launched its Canton Network data access service in August 2025. The partnership with Bloomberg further expands its data coverage.
Data accuracy has long been an issue in the tokenization of real-world assets. In May, Plume co-founder Chris Yin noted that the RWA market size might be overestimated. Currently, RWA.xyz data shows the tokenized real-world asset market at approximately $25 billion (excluding stablecoins).
Kaiko CEO Ambre Soubiran stated that institutional-grade pricing data is fundamental for the proper functioning of tokenized securities. As traditional financial data infrastructure extends into the blockchain environment, the transparency and consistency of tokenized U.S. Treasury pricing are expected to improve. This partnership also reflects how traditional financial information providers are accelerating their efforts to build blockchain financial infrastructure.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitkub Exchange Joins Ripple to Bring $RLUSD Stablecoin to Thailand Users
Bitkub Exchange's partnership with Ripple aims to launch the $RLUSD stablecoin in Thailand, enhancing digital asset trust and liquidity. This collaboration seeks to advance blockchain adoption and financial services, making Thailand a regional crypto hub.
BlockChainReporter1h ago
Alchemy Pay Integrates $SUN Token to Broaden Fiat-Crypto Gateway
Alchemy Pay has integrated the $SUN token from TRON into its payment network, allowing users to purchase $SUN with fiat. This enhances accessibility to TRON’s DeFi ecosystem, bolsters Alchemy Pay's role in crypto adoption, and simplifies crypto transactions for users.
BlockChainReporter5h ago
Mega Bank's Director Rui-bin Zhuang tests stablecoin remittances, but the costs of blockchain are misunderstood.
Mega Financial Holding Co. held a media briefing on the 10th. Chairman Dong Rui-bin revealed that to objectively compare the efficiency of bank and blockchain remittances, Mega Bank mobilized 17 countries worldwide and 25 overseas branches last year for testing. Branch staff opened accounts at local legal exchanges and used the virtual asset trading platform BitoPro to trade USDT stablecoins, transferring 50 USDT each time back to Taiwan, and compared this with traditional bank cross-border wire transfers.
The results showed that stablecoins do have advantages for small-scale cross-border remittances. However, for remittance amounts exceeding the equivalent of NT$200,000 (about $7,000 USD), banks remain more cost-competitive.
Mega Experiment: Banks Are More Cost-Effective for Transfers Over $7,000 USD
The test results indicated that in the scenario of "paying NT$ in Taiwan and receiving local currency at the destination," bank wire transfers generally arrive within about 2 hours, with a fee of approximately
ChainNewsAbmedia5h ago
Ripple Director Names Turkey, Nigeria and UAE as "Must-Watch" Markets - U.Today
Ripple's Reece Merrick outlined plans for the RLUSD stablecoin, targeting Turkey, Nigeria, and the UAE to enhance global expansion. These nations show significant digital dollar demand, critical for financial operations, with projections of $33 trillion in stablecoin transactions by 2025.
UToday8h ago
Polymarket, Peter Thiel's Palantir Eye 'Surveillance Models' for Sports Prediction Markets
In brief
Polymarket is creating surveillance systems for sports-focused prediction markets with Palantir, the firm known for its work with the U.S. military.
The initiative comes as lawmakers have called out suspicious trading activity on markets related to U.S. military efforts, while
Decrypt8h ago
Solana ecosystem media SolanaFloor has been acquired by the Jito Foundation and will resume operations.
Solana ecosystem media SolanaFloor announced on March 10th that it has been acquired by Jito Foundation, and will maintain editorial independence and resume operations. Previously shut down due to an attack incident, the acquisition aims to fill the gap in reporting on on-chain activity on Solana, with more details to be announced later.
GateNews9h ago
