Cryptocurrency data provider Kaiko acquires Vinter, eyes European crypto ETP growth

Nov 12 (Reuters) – Cryptocurrency data provider Kaiko said on Tuesday it is acquiring European crypto index provider Vinter in a bet on growth in the European digital asset market.

The deal comes as some analysts expect significant growth in the European crypto ETP market, which remains significantly smaller than the U.S.

“It’s a clear bet on the European ETP market…,” said Ambre Soubiran, CEO of Kaiko.

Vinter, which supplies digital asset indices and reference rates for several Europe-listed ETPs, including those from 21Shares and Sygnum Bank, marks Kaiko’s third acquisition to date.

Digital asset investment products listed in Germany, Sweden and Switzerland collectively manage approximately $13.64 billion in assets, according to data…

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