Cryptocurrency market analysis firm Kaiko announced on the 20th via its official website that it has acquired Cometh, a European decentralized finance (DeFi) infrastructure company. Cometh is a DeFi infrastructure company that holds a Cryptocurrency Asset Service Provider (CASP) license based on the European Union (EU)'s cryptocurrency regulation law (MiCA). Through this acquisition, Cometh's blockchain engineering and compliance capabilities will be integrated into Kaiko's existing infrastructure. In this regard, Kaiko COO Elodie de Marchi-Chouard stated, "Institutional clients demand regulatory standards on par with traditional financial markets," adding, "Through the acquisition of Cometh, we have secured an engineering and regulatory foundation to meet the demand for on-chain capital market infrastructure for institutions."
