S&P Global Doubles Down on Crypto Data with Kaiko Investment

S&P Global has led a strategic investment in crypto market data provider Kaiko, which more than doubles its Series B funding to $110 million. The round also brings several major financial institutions directly into Kaiko's shareholder network.

The investors will join a Strategic Industry Working Group focused on data and infrastructure for tokenized markets, chaired by Kaiko. This working group is significant because it gives large financial firms a forum to shape emerging market infrastructure.

Kaiko plans to use the fresh funds to strengthen its core market data business and expand its onchain capital markets offering. The company already covers over 150 exchanges and protocols, providing a broad base for institutional pricing, liquidity, and analytics services.