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S&P Global backs Kaiko as Series B reaches $110M

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 17 Views

S&P Global backs Kaiko as Series B reaches $110M

The investment brings together major financial institutions as Kaiko expands its data infrastructure for tokenized securities and onchain financial markets.

S&P Global has led a strategic investment in Kaiko, extending the Paris-based crypto market data provider’s Series B funding to $110 million as it expands its data infrastructure for tokenized financial markets.

The round also included BNP Paribas, Bpifrance, Broadridge, Canton Foundation, Coinbase Ventures, DRW Venture Capital, Nasdaq Ventures, Royal Bank of Canada, Stellar and Susquehanna Private Equity Investments.

Kaiko said the funding will support its core digital asset market data business and its push into onchain financial infrastructure, including data services for tokenized Treasury bills, money market funds, equities and bonds.

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