Kaiko Hires for New Crypto Indices

Crypto data provider Kaiko has finalised the acquisition of Napoleon Index from Coinshares and will launch Kaiko Indices, a suite of single and multi-crypto asset benchmarks. The firm says it received clearance from France’s Autorité des Marchés Financiers (AMF) in April to launch the new service and conduct benchmark administration under the EU Benchmark Regulation (BMR).

Alexandre Ruggeri has been hired and named as head of Kaiko Indices, he joins from IHS Markit, where he worked for almost four years as quantitative strategies research director. Prior to this he spent almost six years at equity indexing firm Stoxx.

Kaiko says it plans to add to its family of indices in the coming months. Ambre Soubiran, CEO of Kaiko, says, “Compliance and regulation are critical to the success of the crypto and blockchain industry and we welcome efforts to introduce regulatory standards that maintain market integrity, transparency, security and investor protection.”