Bloomberg and Kaiko Collaborate to Enhance On-Chain Data Access

Bloomberg and Kaiko have announced a partnership to develop an on-chain data access solution that incorporates Bloomberg Data License data into blockchain platforms. According to NS3.AI, this initiative addresses challenges such as inconsistent data sources, timing discrepancies, and fragmented data pipelines, which have led to operational difficulties and higher reconciliation costs. By providing direct access to Bloomberg's data on-chain, the solution aims to offer a dependable single source of truth, enhancing automation and minimizing ambiguity in tokenized market workflows.