Crypto data provider Kaiko is reportedly planning to relocate its Asia base from Singapore to Hong Kong, in yet another example of digital asset tailwinds in the city.
Kaiko plans to relocate its Asia headquarters from Singapore to Hong Kong, according to a «Bloomberg» report citing the crypto data provider’s chief executive Ambre Soubiran.
Asia Pacific head Sean Lawrence will also relocate from Singapore by the end of March to lead the regional business.
9 Out of 10
Hong Kong’s crypto industry is benefitting from the local government’s supportive policy stance alongside the city's emergence from the Covid era. According to Soubiran «something like nine out of 10 people» from the industry are discussing some form of return to Hong Kong.
«With all of the recent changes and initiatives from the Hong Kong regulatory bodies, we realized that this is clearly where we have to be, where the capital is going to flow in, and where we are seeing a lot of attractiveness when it comes to hedge funds, investors and asset managers,» she said.
Kaiko was founded in 2014 and is based in Paris. It is a provider of cryptocurrency market data and feeds this data to financial firms, including Deutsche Boerse and ICE Global Network.
