Kaiko, a prominent player in the crypto data sector, has announced a strategic partnership with Gemini Foundation, the derivatives trading platform of the cryptocurrency exchange, Gemini. This collaboration will see Gemini Foundation utilizing Kaiko’s Benchmark Reference Rates to power its derivatives platform. The partnership aims to enhance the stability and security of Gemini’s platform by providing reliable market prices that accurately represent global markets. This is achieved through Kaiko’s robust data solutions, which calculate a fair market value price by aggregating pricing data from vetted exchanges. The move is expected to improve the trading experience on Gemini, particularly for users trading derivatives contracts on assets like BTC, ETH, and SOL.
Gemini Taps Kaiko for Enhanced Cryptocurrency Derivatives Trading
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