S&P Leads $110 Million Funding Extension for Crypto Data Provider Kaiko

Kaiko, a leading crypto data provider, has secured $110 million in funding from a strategic investment led by S&P Global. This extension of its Series B round more than doubles the initial $53 million raised in 2022.

The financing will enable Kaiko to strengthen its market-data business and infrastructure for 24/7 tokenized markets. The company covers over 150 exchanges and protocols, providing data on tokenized Treasury bills, money market funds, equities, and bonds.

Kaiko's existing relationship with S&P Global has already yielded a successful product partnership, with the launch of the S&P Kaiko Digital Asset Indices in September. These indices combine both companies' offerings on a single platform, featuring more than 4,000 rates and indices.