S&P Global backs Kaiko as Series B reaches $110M
The investment brings together major financial institutions as Kaiko expands its data infrastructure for tokenized securities and onchain financial markets.
The investment brings together major financial institutions as Kaiko expands its data infrastructure for tokenized securities and onchain financial markets.
S&P Global has led a strategic investment in Kaiko, extending the Paris-based crypto market data provider’s Series B funding to $110 million as it expands its data infrastructure for tokenized financial markets.
The round also included BNP Paribas, Bpifrance, Broadridge, Canton Foundation, Coinbase Ventures, DRW Venture Capital, Nasdaq Ventures, Royal Bank of Canada, Stellar and Susquehanna Private Equity Investments.
The funding follows a series of moves by Kaiko to expand its institutional data business. The company acquired MiCA-regulated onchain infrastructure provider Cometh in May and US digital asset data provider Amberdata in June, after partnering with Bloomberg in February to bring licensed financial data onchain.