Nansen announces their partnership with Kaiko to provide comprehensive market views for crypto teams and enterprises.
We are proud to announce our partnership with Kaiko, the leading source of cryptocurrency market data, analysis, indices and research. This collaboration brings together two of the most trusted data providers in the industry, with the goal of developing a solution that provides comprehensive data on both centralized (CEX) and decentralized (DEX) exchanges.
The crypto landscape poses several challenges for institutions operating in the industry due to the fragmented nature of transactions across exchanges. This challenge hinders their ability to fully understand blockchain ecosystems and market dynamics, while also presenting hurdles in terms of regulatory compliance and reporting.
Using Nansen’s wallet data and Kaiko’s market data, this partnership provides institutions with a holistic view across both centralized (CEX) and decentralized (DEX) exchanges. It enables analytical and risk management use cases, including improved market analysis and trading signals, improved token analysis and better risk assessment. With Nansen’s data that helps identify potential token-related risks, such as token concentration or suspicious activity, and Kaiko’s market data that provides insights into price volatility, liquidity risks and sudden market movements, this comprehensive tool empowers institutions with the necessary insights to make informed decisions and navigate the crypto -market with confidence.
“The integration of on-chain and market data provided by Nansen and Kaiko provides a more complete perspective, unlocking new insights into the cryptocurrency space,” said Alex Svanevik, CEO of Nansen. “This partnership makes Nansen Query an even more powerful data analytics platform for crypto teams and enterprises. Instead of building multiple integrations, you can now programmatically access both chain data and market data in seconds.”
The cooperation between Nansen and Kaiko also facilitates a robust and fair price valuation mechanism. Kaiko benchmark rates meet regulatory requirements and use a transparent and reliable pricing methodology for the valuation of digital assets. The rates methodology uses datasets used by regulators worldwide.
“I am excited about this collaboration: Nansen’s clients now have access to high-quality centralized exchange data (CEXs) for their backtesting strategy, business intelligence use cases and regulatory benchmark rates to best value their portfolios. It empowers them by having a comprehensive view of the blockchain ecosystems and market dynamics,” said Elodie de Marchi, COO at Kaiko.
The valuable insights provided by this partnership will help in market analysis, trend identification, liquidity shifts, trading strategy evaluation and market sentiment assessment. The combination of Nansen’s token analytics and Kaiko’s broader market data provides an overview of token performance that allows users to analyze factors such as token distribution, major holder behavior, transaction volumes, liquidity and market activity.
If you’re interested in learning how you can leverage Nansen Query to drive growth, let’s chat!
Disclaimer
The authors of this content and members of Nansen may participate or invest in some of the protocols or tokens mentioned herein. The foregoing statement serves as a disclosure of potential conflicts of interest and is not a recommendation to purchase or invest in any token or participate in any protocol. Nansen does not recommend any specific course of action with respect to any token or protocol. The content herein is intended for educational and informational purposes only and should not be relied upon as financial, investment, legal, tax or any other professional or other advice. None of the content and information herein is offered to induce or attempt to induce any reader or other person to buy, sell or hold any token or to participate in any protocol or to enter into any agreement for or with ‘ an eye on buying or selling any token or participating in any protocol. Statements made herein (including statements of opinion, if any) are entirely generic and not tailored to take into account the personal needs and unique circumstances of any reader or any other person. Readers are strongly urged to exercise caution and consider their own personal needs and circumstances before making any decision to buy or sell any token or participate in any protocol. Observations and views expressed herein are subject to change by Nansen at any time without notice. Nansen accepts no liability whatsoever for any losses or liabilities arising from the use of or reliance on any of this content.
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