Hong Kong Lures Data Firm Kaiko in Push to Build Crypto Hub

Hong Kong is trying to develop crypto rules that will encourage growth and protect investors, with plans to let retail investors trade larger tokens like Bitcoin and Ether later this year. Photo: Bloomberg

(Bloomberg) — Cryptocurrency market data provider Kaiko plans to relocate its Asian headquarters to Hong Kong from Singapore, drawn by the city’s push to establish a global hub for the digital-asset industry.

Hong Kong’s pro-crypto policy pivot and emergence from Covid-related curbs contributed to the Paris-based company’s decision, Chief Executive Officer Ambre Soubiran said in an interview on Thursday. Kaiko feeds data to the likes of Deutsche Boerse and ICE Global Network.

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