S&P Global Leads $110M Investment in Crypto Data Provider Kaiko

Kaiko has raised its Series B funding round to $110 million after S&P Global led a strategic investment in the crypto data provider.

The new investors, which include BNP Paribas, Coinbase Ventures, Nasdaq Ventures, Royal Bank of Canada, Stellar and others, have joined Kaiko's Strategic Industry Working Group focused on data and infrastructure for tokenized markets.

Kaiko plans to use the fresh capital to support its market data business and expand its data infrastructure for onchain capital markets.

The company currently provides data covering more than 150 exchanges and protocols, and has spent several years building products around institutional crypto pricing, liquidity, indices and market information.