Kaiko, a leading provider of digital‑asset market data, has announced a significant expansion of its Series B financing round, raising a total of $110 million. The round, which originally featured a consortium of prominent traditional banks and exchange operators, now includes a strategic investment from S&P Global, one of the world’s most respected financial‑information and rating agencies.
In addition to S&P Global, BNP Paribas, the French multinational bank, has also deepened its involvement, reinforcing the confidence that established financial institutions are placing in Kaiko’s vision for the future of cryptocurrency market data. The infusion of capital is earmarked primarily for accelerating Kaiko’s development of continuous market‑data services, a suite of products designed to deliver real‑time, high‑frequency pricing, order‑book depth, and trade‑flow information across a broad array of digital assets.
By moving beyond traditional snapshot or end‑of‑day data feeds, Kaiko aims to provide institutional investors, hedge funds, and other market participants with the granularity and immediacy needed to execute sophisticated trading strategies, manage risk, and comply with emerging regulatory requirements. "Our mission is to bring the same level of data quality, reliability, and accessibility that traditional finance enjoys to the fast‑evolving crypto ecosystem," said Johann Kullmann, CEO of Kaiko. "The participation of S&P Global and BNP Paribas not only validates the importance of robust, continuous data for the industry, but also gives us a powerful partnership network that will help us scale our technology and expand our global footprint." S&P Global’s involvement is particularly noteworthy because the firm has historically focused on rating sovereign debt, corporate credit, and providing macro‑economic analytics. By investing in Kaiko, S&P Global signals a strategic shift toward incorporating digital‑asset data into its broader suite of financial intelligence products.
"Accurate, real‑time market data is the foundation of sound credit analysis and risk assessment," explained a spokesperson for S&P Global. "As the crypto market matures, we see a clear need for the kind of high‑frequency, transparent data that Kaiko delivers. This investment aligns with our goal of offering comprehensive insights across all asset classes." BNP Paribas, which has been actively exploring blockchain and crypto‑related services for several years, views the funding as an opportunity to deepen its own capabilities in digital‑asset trading and advisory. "Our partnership with Kaiko will enable us to provide our clients with the most up‑to‑date market information, helping them navigate the volatility and opportunities inherent in crypto markets," said a senior executive at BNP Paribas.
"The continuous data feeds will be instrumental in building more sophisticated risk models and in delivering a superior client experience." The expanded funding round also includes participation from existing backers such as crypto‑exchange operators and other financial institutions that have previously recognized Kaiko’s potential. The collective endorsement underscores a broader industry trend: traditional finance is increasingly acknowledging the necessity of high‑quality crypto data to support the integration of digital assets into mainstream investment portfolios.
With the new capital, Kaiko plans to invest heavily in its data‑collection infrastructure, enhancing its network of nodes and partnerships with exchanges worldwide. This will improve coverage of both major cryptocurrencies like Bitcoin and Ethereum and a growing number of altcoins, stablecoins, and tokenized assets.
The company also intends to broaden its analytics platform, adding advanced tools for on‑chain analysis, sentiment tracking, and predictive modeling. These enhancements are expected to attract a wider range of institutional clients, from asset managers seeking to launch crypto‑focused funds to custodians that require precise valuation metrics for regulatory reporting. Moreover, Kaiko is set to expand its geographic reach, establishing data‑center hubs in regions with emerging crypto markets such as Southeast Asia, the Middle East, and Latin America. By localizing data processing, Kaiko aims to reduce latency, comply with regional data‑privacy regulations, and provide faster, more reliable service to local exchanges and traders.
Regulatory compliance remains a core focus for Kaiko’s growth strategy. The company is working closely with authorities in the United States, the European Union, and other jurisdictions to ensure that its data products meet evolving reporting standards and anti‑money‑laundering (AML) requirements. The partnership with S&P Global, which has deep expertise in regulatory analytics, will help Kaiko embed compliance checks directly into its data pipelines, offering clients a seamless way to meet their own reporting obligations.
Industry analysts have praised the move as a pivotal step toward mainstream adoption of crypto assets. "The entry of heavyweight players like S&P Global and BNP Paribas into the crypto‑data space is a clear sign that the market is maturing," noted a senior analyst at a leading research firm. "Investors are demanding the same level of data integrity and timeliness they expect from equities or fixed‑income markets. Kaiko is well‑positioned to fill that gap, and this funding round will accelerate its ability to do so." In summary, Kaiko’s extended Series B round, now totaling $110 million, reflects a growing consensus among traditional financial institutions that robust, continuous market data is essential for the next phase of crypto‑asset integration.
The involvement of S&P Global and BNP Paribas not only provides the financial resources needed for rapid product development and global expansion but also brings strategic expertise that will help Kaiko navigate regulatory complexities and deliver best‑in‑class data solutions. As the digital‑asset landscape continues to evolve, Kaiko’s enhanced capabilities are poised to become a cornerstone for institutions seeking reliable, real‑time insights into the world’s most dynamic financial markets.