Kaiko raises Series B to $110 million as S&P Global leads investment

S&P Global has led a strategic investment in crypto data provider Kaiko that has expanded the company’s Series B funding round to $110 million as it builds data infrastructure for tokenized capital markets. Summary S&P Global led a strategic investment that expanded crypto data provider Kaiko’s Series B funding round to $110 million. BNP Paribas, Coinbase Ventures, Nasdaq Ventures, Royal Bank of Canada, Stellar and several other financial and crypto firms participated in the investment. Kaiko plans to use the fresh capital to support its market data business and expand data infrastructure for onchain capital markets. The new investors have joined a Kaiko chaired Strategic Industry Working Group focused on data and infrastructure for tokenized markets. Kaiko recently launched the S&P Kaiko Digital Asset Indices with S&P Dow Jones Indices after expanding through acquisitions and institutional integrations. Kaiko said Monday that BNP Paribas, Bpifrance, Broadridge, Canton Foundation, Coinbase Ventures, DRW Venture Capital, Nasdaq Ventures, Royal Bank of Canada, Stellar and Susquehanna Private Equity Investments participated in the investment. Existing shareholders Anth...