Bloomberg to provide licensed financial data on-chain via Kaiko partnership

Bloomberg is partnering with Kaiko to make its licensed financial data directly accessible within a blockchain environment, bypassing traditional off-chain databases. According to Cointelegraph, the move aims to ensure data consistency for institutional tokenized financial products, such as tokenized Treasurys and repo markets. The media outlet explained that fragmented information like price data, security identifiers, and references within the current tokenized asset ecosystem is causing operational inefficiencies.