Kaiko's $110M Funding Round Led by S&P Global Expands Tokenized Market Data

Kaiko, a crypto data provider, announced that S&P Global led a strategic investment in its Series B funding round, increasing the total to $110 million. This is more than twice the original amount of $53 million raised in 2022.

The new capital will be used to expand Kaiko's infrastructure for 24/7 tokenized markets and strengthen its core digital-asset market-data business. The company provides data sourcing and calculation, covering over 150 exchanges and protocols.

Kaiko cited tokenized Treasury bills, money market funds, equities, and bonds as examples of markets that require data systems capable of operating beyond conventional trading hours.