S&P Global Joins $110M Series B Funding Round for Kaiko's Tokenized Market Data

S&P Global has joined forces with Kaiko in a strategic investment that boosts Kaiko's Series B funding to $110 million. This funding round brings together major financial and market participants, including BNP Paribas, Royal Bank of Canada, Coinbase Ventures, and Nasdaq Ventures.

Kaiko plans to use the funds to deepen its digital asset market data services and expand into onchain infrastructure for tokenized finance. The company will focus on providing reliable market data, pricing, reference data, and analytics for institutional participants in tokenized markets.

The investment is part of Kaiko's strategy to build data infrastructure that serves both conventional institutional markets and onchain finance. Kaiko's roadmap includes data services for tokenized Treasury bills, money market funds, and tokenized equities and bonds.