$110M Kaiko Funding Round Aims to Accelerate Tokenized Markets
Kaiko, a Paris-based crypto market data provider, has secured $110 million in funding from its Series B round led by S&P Global. The company will use this investment to expand its digital asset market data business and develop onchain financial infrastructure.
The participating investors include several key players in the digital asset space, including BNP Paribas, Bpifrance, Broadridge, Coinbase Ventures, DRW Venture Capital, Nasdaq Ventures, Royal Bank of Canada, Stellar, and Susquehanna Private Equity Investments. These partners will also join a Kaiko-led industry working group focused on developing data and infrastructure for tokenized financial products.
Kaiko CEO Ambre Soubiran stated that the investors 'span several key areas of digital asset markets, including pricing, trading, capital allocation and blockchain development, and would serve as partners in building infrastructure for institutional onchain finance.'