#tokenizations 🚀
#Bloomberg and
#Kaiko Join Forces: $25 Billion in Data Goes On-Chain
The world of tokenized assets (RWA) just got a major boost. Bloomberg is partnering with Kaiko to integrate its licensed financial data directly into blockchain environments.
This is a historic step for the institutional acceptance of digital assets, solving a major industry problem — data inconsistency.
🔍 What’s Changing?
Previously, companies in tokenized asset ecosystems often relied on different sources of prices, identifiers, and reference information. This created operational risks and discrepancies. Now:
• Single source of truth: Bloomberg’s licensed data will be available directly on-chain.
• Minimized disputes: Market participants will work with the same dataset, simplifying reconciliation and settlement.
• Institutional Focus: The integration is aimed at banks and investment managers, not retail traders.
🏛️ First Step: US Treasury Bonds
The pilot project is launched on Canton Network, an institutional blockchain. The primary focus is on the tokenized US Treasury bond market and repo transactions.