Kaiko / Cometh 2026
Kaiko acquired Cometh on May 20, 2026.
- Target
- Cometh
- Acquirer
- Kaiko
- Announced
- May 20, 2026
- Sub-sector
- Crypto / Stablecoin
Transaction overview
- Kaiko announced the acquisition of Cometh on or around May 20, 2026.
- Cometh is a Paris-based firm building blockchain data infrastructure for DeFi protocols.
- Cometh's core product indexes on-chain data across multiple EVM-compatible networks.
- Kaiko provides institutional-grade cryptocurrency market data, covering prices, order books, and trade history.
- The acquisition adds on-chain DeFi data capabilities to Kaiko's existing off-chain exchange data coverage.
- Financial terms of the deal were not publicly disclosed.
Why it matters
- The deal reflects growing institutional demand for unified data covering both centralized exchange activity and on-chain DeFi markets.
- Combining off-chain order book data with on-chain DEX and protocol data under one vendor reduces fragmentation for institutional clients.
Strategic rationale
Kaiko acquires DeFi infrastructure firm Cometh to expand regulated crypto services
Deal terms & multiples
About Cometh
Cometh is a Paris-based blockchain data company focused on DeFi infrastructure. The firm built tooling to index and query on-chain data across EVM-compatible networks, serving developers and data consumers who need structured access to decentralized protocol activity. Its products include data pipelines and APIs designed to make raw blockchain state usable for analytics and application development. Cometh operated in the broader ecosystem of on-chain data providers alongside firms such as The Graph and Dune Analytics.
About Kaiko
Kaiko is a Paris-based cryptocurrency market data company founded in 2014. The firm aggregates trade, order book, and reference price data from more than 100 centralized exchanges, distributing it to institutional clients including asset managers, banks, and index providers. Kaiko's data products cover spot and derivatives markets and are used for pricing, research, and compliance workflows. The company has raised external funding and counts institutional financial firms among its customer base.
- Founded
- 2014
Frequently asked questions
What does Cometh do?
Cometh builds on-chain data infrastructure for DeFi, indexing blockchain state across EVM-compatible networks and exposing it via APIs. Its tools help developers and analysts access structured data from decentralized protocols.
Why did Kaiko acquire Cometh?
Kaiko's existing data coverage focuses on centralized exchange markets. Adding Cometh's on-chain DeFi data extends Kaiko's product to cover decentralized protocol activity, which institutional clients increasingly need alongside traditional exchange data.
How much did Kaiko pay for Cometh?
Financial terms were not disclosed publicly.
Where are Kaiko and Cometh based?
Both companies are headquartered in Paris, France.
Is Kaiko publicly traded?
No. Kaiko is a privately held company and does not trade on any public exchange.
What data does Kaiko provide?
Kaiko aggregates trade history, order book snapshots, and reference prices from more than 100 centralized cryptocurrency exchanges. Its clients include asset managers, banks, and index providers.
Sources
- finextra.com /pressarticle/109891/kaiko-acquires-defi-blockchain-firm-cometh?utm_medium=rssfinextra&utm_source=finextrafeed