Cryptocurrency market data and analytics provider Kaiko has acquired regulated European crypto index provider Vinter to enhance their position in the market and better cater to asset management and 'sell-side' participants. Vinter, a benchmarks administrator registered with the European Securities and Markets Authority, offers services for ETPs on various exchanges, while Kaiko serves the derivatives industry. The collaboration aims to leverage synergies between derivatives and asset management ecosystems. The undisclosed deal reportedly values Kaiko at $200 million and signifies a strategic move into the European ETP market. This acquisition marks Kaiko's third and largest, following previous acquisitions of Kesitys and Napoleon Index. The European market's growth potential is evident with recent ETP launches by companies like 21Shares and Valour. Kaiko's confidence in the European market is further supported by the increasing adoption of ETPs in the region. Read more AI-generated news on: https://app.chaingpt.org/news