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S&P Global Leads Funding Extension for Kaiko to $110 Million

S&P Global has led a strategic investment that extends Kaiko's Series B funding to $110 million, aiming to enhance infrastructure for 24/7 tokenized markets.

AS1 NewsSource: thedefiant.io

fundingdata-providertokenized-markets
B$0.2302+9.11%REAL$0.0744+0.95%CC$0.0956+0.43%

Kaiko, a prominent crypto data provider, announced that S&P Global has led a strategic investment extending its Series B funding round to $110 million. This additional capital is intended to bolster Kaiko's market-data business and expand its infrastructure to support round-the-clock tokenized markets. The funding round also includes participation from other notable investors such as BNP Paribas, Bpifrance, Broadridge, and Canton. The move underscores ongoing institutional interest in crypto data and infrastructure, reflecting the sector's maturation and the increasing demand for reliable, real-time market information. The investment aims to support Kaiko's growth in providing comprehensive data services for the evolving digital asset ecosystem.

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The funding extension is expected to strengthen Kaiko's infrastructure for continuous tokenized market data, supporting the broader crypto ecosystem.