Kaiko, a leading provider of cryptocurrency data and analytics, has recently bought Vinter, a regulated European crypto index provider.
Building on their existing collaboration, Kaiko aims to enhance its market presence and provide more robust services for asset management and "sell-side" stakeholders.
As a major player in crypto index creation, Vinter is registered as a benchmark administrator with European Securities and Markets Authority (ESMA). It offers a range of services for exchange-traded products (ETPs), available on major European exchanges, including Switzerland’s SIX, Nasdaq, Germany’s Deutsche Boerse Xetra, and Euronext.
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Meanwhile, Kaiko’s services cater to the derivatives sector, providing market data and analytics to platforms such as Gemini
By combining Vinter’s strength in ETPs with Kaiko’s analytics in the derivatives sector, the two companies are set to create enhanced value across the cryptocurrency and asset management ecosystems. Jacob Lindberg, CEO of Vinter, emphasized the importance of the deal:
Combining Kaiko and Vinter marks the creation of an undisputed leader for crypto data and indexing. This will allow us to serve institutional clients globally as the only truly independent crypto data and index provider.
Though the financial terms of the Vinter acquisition remain undisclosed, the deal reportedly values Kaiko at approximately $200 million. Ambre Soubiran, CEO of Kaiko, highlighted that the acquisition reinforces Kaiko’s commitment to the European ETP market, where the combined assets under management (AUM) for Sweden, Germany, and Switzerland's ETP market stand at around $13.64 billion.
This acquisition marks Kaiko's third and largest to date. In 2022, Kaiko acquired Kesitys, a company known for quantitative decision-making tools that optimize risk in cryptocurrency markets. This was soon followed by the acquisition of the Napoleon Index from CoinShares, an alternative asset management firm.
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