Kaiko, a leading provider of cryptocurrency market data, has announced a significant expansion of its Series B financing round, bringing the total amount raised to $110 million. The latest tranche includes a strategic investment from S&P Global, the world‑renowned financial‑rating and analytics firm, alongside continued support from BNP Paribas, one of Europe’s largest banking groups. The round also features participation from a host of other prominent investors, including established traditional banks, major exchange operators, and venture‑capital firms that have been following Kaiko’s rapid growth since its inception. The infusion of capital is earmarked for a multi‑phase expansion plan that will accelerate Kaiko’s development of continuous market‑data services, deepen its product suite, and broaden its geographic footprint.
At the core of the strategy is the creation of an always‑on, real‑time data infrastructure that can deliver high‑frequency price feeds, order‑book depth, and trade‑by‑trade details across a wide array of digital assets. By moving beyond periodic snapshots to a continuous streaming model, Kaiko aims to meet the escalating demands of institutional investors, hedge funds, and fintech platforms that require granular, low‑latency information to power algorithmic trading, risk management, and compliance solutions.
"Our partnership with S&P Global marks a pivotal moment for Kaiko," said Jan Van de Velde, CEO of Kaiko. "S&P’s deep expertise in financial data standards, combined with their global reach, will help us set new benchmarks for data quality and reliability in the crypto space.
This funding round not only validates the robustness of our technology but also underscores the growing consensus that crypto assets are becoming an integral part of the broader financial ecosystem." S&P Global’s involvement goes beyond capital. The firm will collaborate with Kaiko to integrate its rigorous data‑validation frameworks and industry‑wide taxonomy standards, ensuring that the crypto data delivered meets the same level of scrutiny and consistency expected of traditional financial markets. This alignment is expected to smooth the path for institutional clients who must adhere to stringent regulatory and reporting requirements. BNP Paribas, which has been a long‑standing backer of Kaiko, highlighted the strategic importance of the partnership for its own digital‑asset initiatives.
"As banks worldwide explore the integration of digital assets into their service offerings, having access to reliable, real‑time market data is essential," said a spokesperson for BNP Paribas. "Kaiko’s expanded capabilities will enable us to provide our clients with transparent pricing, robust analytics, and the confidence needed to engage with crypto markets responsibly." The expanded Series B round also includes participation from several exchange operators, such as Binance, Kraken, and Coinbase, which have expressed interest in leveraging Kaiko’s data platform to enhance their own market‑data products. These collaborations are expected to foster a more interconnected data ecosystem, where exchanges can share standardized information streams, reducing fragmentation and improving market transparency.
From a product perspective, Kaiko plans to roll out a suite of new services over the next 12‑18 months: 1. **Continuous Price Feed API** – A low‑latency, websocket‑based feed that delivers tick‑by‑tick price updates for over 5,000 crypto pairs, supporting both spot and derivatives markets. 2.
**Order‑Book Depth Analytics** – Real‑time snapshots of order‑book depth across multiple tiers, enabling sophisticated liquidity analysis and market‑impact modeling. 3.
**Trade‑Level Data Streams** – Granular, trade‑by‑trade data that captures every executed transaction, useful for forensic analysis, compliance monitoring, and high‑frequency trading strategies. 4. **Regulatory‑Ready Reporting Tools** – Pre‑formatted data sets that comply with emerging crypto‑reporting standards such as the FATF Travel Rule and the EU’s MiCA framework, simplifying the reporting burden for institutional clients.
5. **AI‑Enhanced Market Insights** – Leveraging machine‑learning models trained on Kaiko’s extensive historical data to generate predictive analytics, sentiment scores, and anomaly detection alerts.
To support these offerings, Kaiko is investing heavily in its underlying infrastructure. The company is scaling its cloud‑native architecture across multiple regions, employing edge‑computing nodes to reduce latency for users in Asia, Europe, and the Americas. Additionally, Kaiko is enhancing its data‑security protocols, adopting zero‑trust networking principles and end‑to‑end encryption to safeguard client data against cyber threats. The funding round also allocates resources for talent acquisition, with a focus on hiring data engineers, quantitative analysts, and compliance specialists.
By building a multidisciplinary team, Kaiko aims to bridge the gap between traditional finance expertise and the rapidly evolving crypto landscape. Industry analysts view Kaiko’s latest financing as a strong signal that the market for high‑quality crypto data is maturing. "Investors are increasingly recognizing that data is the new oil in the digital‑asset world," noted Maya Patel, a senior analyst at CryptoCapital Research.
"Kaiko’s ability to deliver continuous, reliable data at scale positions it as a critical infrastructure provider, much like Bloomberg or Refinitiv in the legacy finance space." The broader financial community has also taken note. Several asset‑management firms have already signed letters of intent to integrate Kaiko’s continuous data feeds into their portfolio‑management systems, citing the need for more accurate price discovery and risk assessment tools. Meanwhile, regulatory bodies in jurisdictions such as the United States, the United Kingdom, and Singapore are closely monitoring the development of standardized crypto data solutions, viewing them as essential for effective market oversight. In summary, Kaiko’s expanded $110 million Series B round, bolstered by the strategic participation of S&P Global and BNP Paribas, marks a decisive step toward establishing a robust, continuous market‑data infrastructure for the cryptocurrency ecosystem.
The infusion of capital will enable Kaiko to enhance its technology stack, broaden its service offerings, and deepen collaborations with exchanges, banks, and regulators. As the crypto market continues to integrate with mainstream finance, Kaiko’s commitment to data quality, transparency, and regulatory compliance positions it as a cornerstone of the emerging digital‑asset data landscape.