New York, Paris – April 30, 2024. Kaiko, a world leader in cryptocurrency data, has announced a partnership with DataBP to implement their data licensing management platform and join their growing community of vendors, exchanges, and index providers who are redefining the operating model for data commercialization. This collaboration marks a significant milestone for Kaiko, enabling the company to continue its growth and increase its scale efficiently at a pivotal time for the cryptocurrency industry.
This initiative will facilitate the efficient scale-up of Kaiko’s global operations by automating its sales, billing, and entitlement processes through DataBP’s SaaS platform and integration with Salesforce.com. DataBP’s integration with the Salesforce.com API allows Kaiko to automate the generation of custom data licensing agreements from Salesforce opportunities, automate data access entitlements and customer billing. DataBP’s Licensing Ledger provides a central history of licensing changes, data consumption metrics, and billing history allowing for seamless integration of Kaiko’s sales operations.
This integration is also crucial for Kaiko and its clients, playing a vital role in ensuring systematic licensing, fostering transparency, and promoting fair pricing practices. Notably, Kaiko addresses regulatory demands, through DataBP’s validation of anonymized customer contract data. By year-end, clients will effortlessly access licenses, inventory, and usage metrics via a unified portal. With adherence to SOC2T2 standards, Kaiko guarantees operational excellence on par with industry leaders. This collaboration underscores Kaiko’s dedication to innovation and trust in the cryptocurrency data landscape.
Ambre Soubiran, CEO of Kaiko, said “Kaiko is thrilled to collaborate with DataBP to support our subscription and data licensing relationships at scale. The partnership sets a new standard in the management and commercialization of digital asset data, accelerating Kaiko’s expansion and addressing the evolving needs of the cryptocurrency market.”
Mark Schaedel, CEO of DataBP, echoed the sentiment by adding “DataBP is delighted to partner with Kaiko, a leader in cryptocurrency data who joins our community of vendors, index providers, and exchanges who are digitizing their data licensing and subscription management operational model in support of the growing demand for data and intelligence. As the digital asset data segment hits stride, Kaiko is positioned to significantly grow their business efficiently without investing in additional sales resources. This collaboration not only allows DataBP to extend our footprint into the burgeoning field of cryptocurrency assets but also enriches our community of index and market data providers. As the crypto industry continues to mature, we see opportunities to continue to grow our community of data, index, and analytic providers share in the cost of innovation.”
Bediss Cherif, Chief Revenue Officer at Kaiko, added “This is a major step forward for Kaiko, particularly in streamlining our back office operations. Automation is key to supporting our expansion and ensuring we can keep up with increasing industry demands for cryptocurrency data. Leveraging DataBP’s technology, we can concentrate on innovation and providing value to our customers, confident that our operational backbone is robust and scalable.”
With the crypto industry experiencing increased institutional adoption of digital asset strategies, the strategic collaboration unlocks multiple opportunities for innovative new commercial models and cloud-first delivery solutions.
About Kaiko
Founded in 2014, Kaiko is the leading source of cryptocurrency market data, analytics, indices, and research providing businesses with industrial-grade and regulatory-compliant data. Kaiko empowers market participants with global connectivity to real-time and historical data feeds across the world’s leading centralized and decentralized cryptocurrency exchanges.
About DataBP
DataBP is a leading technology service provider specializing in the commercialization of data. The company offers a comprehensive range of software and managed service solutions to the world’s largest financial institutions including exchanges, index providers and vendors. Founded in 2013, DataBP provides a robust platform and suite of services designed to optimize the management of data licensing and subscription services for the financial services industry.
For further information, please contact:
Kaiko Media Relations
Email: hannah.alexander@kaiko.com
DataBP Media Relations
Email: databp.pr@therealizationgroup.com
