Kaiko, a leading player in the field of crypto data, has unveiled an exciting new alliance with Gemini Foundation, the derivatives trading arm of the well-known cryptocurrency exchange Gemini. This innovative partnership will see Gemini Foundation harnessing the power of Kaiko’s Benchmark Reference Rates to fuel its derivatives platform. The primary goal of this collaboration is to bolster the stability and security of Gemini’s platform by offering dependable market prices that truly reflect the global markets. Through the use of Kaiko’s advanced data solutions, a fair market value price is calculated by pooling pricing data from reputable exchanges. This strategic move is poised to enhance the trading experience on Gemini, specifically for users engaging in derivatives contracts involving popular assets such as Bitcoin (BTC), Ethereum (ETH), and Solana (SOL).
