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Mainstream Finance Eyes Crypto Data with $110M Boost
14 Sep
Summary
- Kaiko, a crypto data provider, secured $110 million in a funding round.
- S&P Global led the investment, joined by major financial institutions.
- Funds will enhance Kaiko's data offerings and expand product lines.
New York-based crypto data provider Kaiko announced on Monday that it has successfully raised $110 million in a recent funding round. This significant investment was spearheaded by S&P Global, a prominent financial information company. The round also saw participation from other notable financial institutions, including BNP Paribas, Nasdaq, Royal Bank of Canada, French state investor Bpifrance, and trading firm Susquehanna.
Founded in France in 2014, Kaiko intends to leverage this capital infusion to strengthen its core data business. The company also plans to expand its product offerings, which presently encompass data from more than 150 different cryptocurrency exchanges and protocols. This expansion signals a commitment to serving the increasingly complex digital asset markets.
The investment underscores a growing trend of mainstream financial entities showing keen interest in tracking and engaging with digital asset markets. Despite recent retreats in cryptocurrency prices from their peaks in late 2025, institutions are exploring opportunities in 'tokenisation'—the concept of representing traditional financial assets like stocks and bonds as digital tokens. This strategic move by S&P Global and others suggests a long-term conviction in the future of digital assets.
