New York-based crypto data provider Kaiko has raised $110 million in a funding round led by S&P Global, highlighting growing institutional demand to track and analyze digital asset markets.
📌 Key Takeaways & Important Metrics:
- Major Backers: The round features high-profile institutional investors, including BNP Paribas, Nasdaq, Royal Bank of Canada, Bpifrance, and Susquehanna.
- Global Coverage: Founded in 2014, Kaiko tracks real-time data across 150+ cryptocurrency exchanges and protocol venues.
- Growth Priorities: Capital will fund the expansion of Kaiko’s core data services and infrastructure as financial institutions explore asset tokenization.
- Institutional Conviction: S&P Global highlighted the investment as a key strategic move to support digital asset integration into mainstream finance.
💥 The Big Picture: As traditional finance converges with digital assets, major banks and index providers are investing heavily in institutional-grade market data.