Wall Street Backs On-Chain Data Provider with $110M Funding Round

S&P Global has led a $110M funding round for on-chain data provider Kaiko. The investment is seen as a significant boost to the crypto industry, with S&P Global's involvement signaling Wall Street's growing interest in blockchain technology.

Kaiko offers real-time market data and analytics to institutional investors, helping them navigate the complex world of cryptocurrencies. With this funding round, the company aims to expand its offerings and further penetrate the financial markets.

The investment is a testament to Kaiko's growing influence in the industry. As more institutions turn to blockchain for data and analytics, companies like Kaiko are poised to benefit from the trend.