
Paris-based market data provider Kaiko has acquired European DeFi infrastructure firm Cometh to bolster its institutional service offerings. The acquisition grants Kaiko a Crypto-Asset Service Provider (CASP) license, which is a mandatory regulatory authorization under the European Union's Markets in Crypto-Assets (MiCA) framework. By integrating Cometh’s blockchain engineering and compliance expertise, Kaiko aims to expand its capabilities in on-chain data indexing and tokenized asset infrastructure. This strategic move is designed to meet the growing demand from banks and asset managers for institutional-grade standards in decentralized finance. The deal highlights the increasing importance of MiCA compliance as a competitive differentiator for firms operating within the European digital asset market. Financial terms of the transaction were not disclosed, but the entire Cometh team will join Kaiko to support these new initiatives. This integration positions Kaiko to bridge the gap between traditional financial market expectations and decentralized protocol operations.
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