Block Scholes

Block Scholes is an institutional-grade analytics, data, and research platform delivering advanced quantitative models, interactive tools, and original research to professional traders, institutional investors, DeFi protocols, and blockchain infrastructure providers. Founded in 2021 and led by financial industry veterans with deep expertise in derivatives structuring, trading, and quantitative analysis, the company has quickly established itself as a trusted data provider powering 80% of on-chain options trading volumes.

Core Products and Services

Block Scholes offers two primary verticals:

Data Solutions: The company provides institutional-grade derivatives data through Oracle Solutions and comprehensive Data APIs. Their Oracle Solutions deliver real-time, high-frequency volatility surfaces and pricing data directly on-chain (push-based) or off-chain with on-chain verification (pull-based), enabling DeFi protocols, exchanges, and institutional systems to access trusted market data for settlement, liquidation, risk management, and valuation. Their Data API offerings include WebSocket and REST APIs providing tick-level, minutely, and derived data across spot, perpetual, and options markets, processing over 50 million data points per hour with coverage of 20+ venues.

The firm also contributes institutional-grade implied volatility data for cryptocurrency options markets on the Bloomberg Terminal. This dataset is constructed with a particular focus on institutional quality and rigour, and a methodology designed for robustly and accurately tracking the largest cryptocurrency options markets in real-time. It enables professional traders, risk managers, and quantitative analysts to accurately price derivatives, assess market sentiment, and manage portfolio risk in the rapidly growing digital asset space, with the full convenience, power & flexibility of Bloomberg tooling.

Research & Analytics: Block Scholes produces original market research, analysis, and strategy covering digital assets, derivatives, and macro trends. Their FCA-regulated status (FCA #989043) enables them to offer trade recommendations and innovative financial products to professional market participants, providing a significant competitive advantage over unregulated providers. One of their biggest research partner is Bybit, a centralized cryptocurrency exchange.

Key Strengths

The company's leadership brings over 60 years of cumulative financial markets experience, with the CEO having 15+ years in derivatives structuring and trading at Credit Suisse and Nomura, and the CTO bringing extensive experience from Bloomberg, Goldman Sachs, and MSCI. This deep traditional finance expertise, combined with blockchain-native innovation, positions Block Scholes uniquely in the crypto derivatives data market.

Their technology infrastructure features EIP712 signatures on every data point, ensuring verifiable quality and authenticity, a chain-configurable architecture for seamless deployment across blockchains, and ultra-low latency updates (down to 200ms for derived data). The platform's robust composite implied volatility surfaces provide on-demand volatility surface points for any strike or expiry, reducing development complexity for clients.

Notable Clients and Partnerships

Block Scholes serves leading institutions across traditional finance and DeFi, including Sygnum Bank (world's first digital asset bank), major options protocols like Lyra (over $800M in 2024 trading volume), Deribit, and institutional exchanges. Their data is distributed through Bloomberg, Refinitiv, and S&P Global, reaching institutional audiences worldwide.

Academic Recognition

The team's research has received academic awards from Cambridge University and Imperial College London, and they won the Future of Blockchain Hackathon with technical work on crypto derivatives. The CEO is an Associate Member of UCL's Centre for Blockchain Technology, and the company maintains strong relationships with academic institutions, including the University of Warwick.

Why Choose Block Scholes

Block Scholes combines TradFi-grade expertise with DeFi-native infrastructure, offering the precision and reliability that institutional clients demand with the speed and composability that blockchain applications require. Their FCA-regulated status provides trust and compliance for institutional clients, while their deep technical integration capabilities (supporting multiple blockchains, flexible API architectures, and custom solutions) make them the data partner of choice for ambitious DeFi protocols and crypto-native institutions building the future of derivatives markets.