Bloomberg and Kaiko jointly develop on-chain data access solution for tokenized markets

According to Odaily, Bloomberg has announced a partnership with Kaiko to jointly develop an on-chain access solution, integrating trusted Data License data onto the blockchain via Kaiko's infrastructure. This initiative aims to address longstanding data consistency issues in current processes, such as inconsistent data sources, time discrepancies, and fragmented pipelines, which have led to operational friction and increased reconciliation costs. By enabling tokenized workflows that access Bloomberg data on-chain, counterparties can reference a single, verifiable data source, eliminating ambiguity and supporting process automation. (PRNewswire)