Crypto market data provider Kaiko has raised $110 million in a funding round led by S&P Global, with BNP Paribas, Nasdaq, Royal Bank of Canada, Bpifrance, and Susquehanna also participating. The company said the new capital will be used to improve its data services and broaden its product lineup. Headquartered in New York, Kaiko provides market data, indices, and reference rates to more than 150 cryptocurrency exchanges and decentralized protocols. The company had previously partnered with S&P Dow Jones Indices to launch the S&P Kaiko Digital Asset Indices brand, extending its presence in digital asset benchmarks and data products.
Crypto market data provider Kaiko has completed a $110 million funding round led by S&P Global. BNP Paribas, Nasdaq, Royal Bank of Canada, Bpifrance, and Susquehanna also joined the round.
Kaiko said the proceeds will be used to improve its data services and expand the scope of its products.
Headquartered in New York, Kaiko provides market data, indices, and reference rates to more than 150 cryptocurrency exchanges and decentralized protocols. The company had previously worked with S&P Dow Jones Indices to launch the S&P Kaiko Digital Asset Indices brand.
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