OANDA, a provider of online exchange rate data, has announced a partnership with Kaiko, a prominent cryptocurrency market data provider, to establish reliable cryptocurrency valuation. This collaboration aims to merge Kaiko's extensive market data from the cryptocurrency realm, covering 15,000 digital asset pairs, with OANDA's high-quality exchange rate data, encompassing over 38,000 currency pairs. Their combined efforts will enable the creation of auditable and compliance-oriented digital asset data products tailored for tax and audit professionals.

For finance businesses to thrive and achieve their objectives, professionals require comprehensive insights into statistics, digital asset valuations, and foreign exchange that are audit-ready. This partnership will benefit both Kaiko and OANDA's businesses and clients, granting them access to accurate fiat and cryptocurrency rates.

As per feedback from OANDA's users, clients feel confident in trading forex with OANDA due to its provision of advanced trading tools and adherence to regulations set by international authorities, making it a preferred choice as a forex broker in Singapore for accessing currency prices and liquidity.

Gavin Bambury, CEO of OANDA, expressed optimism about the partnership, highlighting its potential to enhance their market data services, especially given the increasing adoption of cryptocurrencies by businesses. He emphasized the importance of delivering precise data swiftly.

Ambre Soubiran, CEO of Kaiko, also expressed enthusiasm about the collaboration, underscoring the significance of connecting Kaiko's digital asset market data with a reputable currency data provider like OANDA.