Crypto data service provider Kaiko completes $110 million funding round, led by S&P Global.
September 14 - Crypto market data service provider Kaiko has secured a new round of investment led by S&P Global, bringing the total size of the latest funding round to $110 million, with participation from DRW Holdings, Susquehanna, Royal Bank of Canada, Nasdaq, BNP Paribas, Bpifrance, Broadridge, Canton Ventures, Coinbase Ventures, and Stellar.
The funding comes amid Wall Street's accelerating push toward asset tokenization, as the rise of round-the-clock markets drives demand for 24/7 pricing, valuation, and risk management data infrastructure. Kaiko will use the funding to develop new products and services.
Previously, crypto market data provider Kaiko completed a $53 million Series B funding round in June 2022, led by Eight Roads (a venture capital firm backed by Fidelity), with participation from French venture capital firm Revaia and existing investors Alven, Point Nine, Anthemis, and Underscore.