French company Kaiko acquires Kesitys to develop a branch of quantitative analysis

Kaiko acquires the company Kesitys

Kaikoa French company that works to provide market analysis data on cryptocurrencies, announced that acquired Kesitysalso a French company, specialized in risk management and derivatives.

Backed by a quality portfolio that combines renowned companies in the blockchain industry like Messari, Chainlink, Paxos or even Ledger, Kaiko wants to become the go-to source for all information and cryptocurrency market data.

Kaiko intends to broaden its areas of expertise here, namely through the creation of a commercial unit entirely dedicated to quantitative analysis products, an industry in which Kesitys excels.

This new branch will be led by the founders of Kesitys, Anne-Claire Maurice, Mnacho Echenim and Emmanuel Gobet. According Amber SoubiranKaiko’s CEO, the arrival of these new talents will bring real added value to the company in terms of competitiveness in the cryptocurrency analysis market:

“Kaiko is pleased to welcome Anne-Claire, Emmanuel and Mnacho to his team. His vast experience in building quantitative analytics products and expertise in the crypto space will be a great asset to the company in creating a product line that meets the growing demand of traders and portfolio managers for products. »

The role of this unit will be, in particular, to create a range of tools for traders, whether for the design and development of a portfolio strategy, its execution and reporting (communication and data analysis).

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A French company that shines in cryptocurrencies

The acquisition of Kesitys follows Kaiko’s latest fundraising, which took place in June 2021 during a Series A funding round and which had managed to raise no less than 24 million dollars. The latter was then led by Underscore VC and anthemiswhose founder Sean Park has announced to join Kaiko’s board of directors.

The French company, based in Paris, intends to become ” the foundation of the new digital financial economy “, in particular in ” serving as a single source of market information from centralized or decentralized markets “.

Kaiko offers its services both institutional and corporatewhether for general information or for analysis plans tailored to your needs, in industries as rich and varied as trading, valuation or research.

Already working with the biggest names in the blockchain ecosystem, Kaiko looks set to keep doing it. radiate the tricolor internationally. An announcement to compare with the recent declaration of Changpeng Zhaothe CEO of Binance, who mentioned the unique position that France has had to become a leader in this industry expanding.

An impulse shared by Anne-Claire Maurice, CEO of Kesitys :

“As quantitative experts, working in the cryptocurrency industry is a very interesting challenge. Crypto assets are growing exponentially and new types of instruments and trading platforms are raising many new questions in quantitative finance that we hope to answer. »

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Source: Kaiko

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About the author : Maximilien Prue

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Passionate about the world of decentralized finance and the news brought by Web 3.0, I write articles for Cryptoast to help make blockchain more accessible to everyone. Convinced that cryptocurrencies will change the future very soon.
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