Kaiko, a global leader in institutional digital asset market data and infrastructure, and New Change FX (NCFX) have announced a strategic collaboration to bring high-quality, regulated FX data to the Canton Network. NCFX’s independent benchmark FX spot and FX forward rates will be made available to Canton applications with full IP protection, licensing control, and secure access. The deployment will use Kaiko’s Data On-Ramp Facility, which allows data providers to distribute their data on-chain while remaining the authoritative source. This enables tokenized product issuers on the Canton network to confidently build products using reliable FX benchmarks.
“Kaiko’s Data On-Ramp brings regulated FX benchmarks onto Canton, strengthening the network’s pricing foundation, by providing the connectivity that links established benchmark providers with the on-chain ecosystems shaping tomorrow’s market applications.” said Ambre Soubiran, CEO of Kaiko.
“This partnership brings NCFX’s regulated and independent FX benchmarks onto the Canton Network through Kaiko’s infrastructure while preserving NCFX as the authoritative source of the data. Institutions operating on Canton can now rely on transparent and trusted FX pricing consistent with the standards used across global financial markets,” said Kinga Broel-Plater, Chief Commercial Officer at New Change FX.
