Kaiko, the leading provider of cryptocurrency market data and analytics, announced a significant extension to its Series B financing round, bringing the total capital raised to $110 million. The new tranche of funding was led by S&P Global, a globally recognized financial information and rating powerhouse, and was joined by a consortium of prominent financial institutions, including BNP Paribas, as well as several major exchange operators and traditional banks that have previously supported Kaiko’s growth.
The infusion of capital marks a pivotal moment for Kaiko as it accelerates its strategy to broaden the scope and depth of its data services. While the company has already established a strong foothold in delivering high‑quality, real‑time price feeds, order‑book snapshots, and historical datasets for a wide array of digital assets, the additional resources will enable Kaiko to transition toward a more continuous, enterprise‑grade market data platform.
This evolution is designed to meet the escalating demands of institutional investors, hedge funds, asset managers, and other sophisticated market participants who require seamless, low‑latency data streams for trading, risk management, and compliance purposes. "Our partnership with S&P Global and the support of BNP Paribas underscore the growing confidence of the traditional financial sector in the robustness and relevance of crypto‑market data," said Pierre‑Antoine Dumont, CEO of Kaiko. "The extended Series B round not only validates the work we have done to date but also provides the financial runway needed to scale our infrastructure, deepen our data coverage, and introduce new analytical tools that will empower our clients to make more informed decisions in an increasingly complex market environment." S&P Global’s involvement is particularly noteworthy because it signals a convergence between conventional financial data providers and the emerging digital‑asset ecosystem. By investing in Kaiko, S&P Global aims to integrate high‑quality crypto data into its broader suite of market intelligence products, thereby offering its clients a more holistic view of both traditional and digital asset markets.
This strategic move aligns with S&P Global’s broader objective of expanding its data offerings to encompass the rapidly growing blockchain sector, which has become an essential component of modern portfolio construction and risk assessment. BNP Paribas, one of Europe’s largest banking groups, also reaffirmed its commitment to the digital‑asset space through this investment.
The bank plans to leverage Kaiko’s data solutions to enhance its own trading desks, improve compliance monitoring, and develop new client‑facing services that incorporate crypto‑related insights. "Our collaboration with Kaiko reflects our belief that high‑quality, reliable market data is the backbone of any successful trading operation, whether it involves equities, fixed income, or digital assets," said Marie‑Claire Lefevre, Head of Innovation at BNP Paribas. In addition to the marquee investors, the round attracted participation from several exchange operators that have long partnered with Kaiko for data aggregation and distribution.
These partners view the funding as a catalyst for deeper integration, allowing them to offer more granular and timely data to their own users, thereby enhancing market transparency and liquidity. The capital raised will be allocated across multiple strategic initiatives. First, Kaiko intends to expand its data collection infrastructure to cover a broader spectrum of blockchain networks, including emerging Layer‑2 solutions and niche tokens that are gaining traction among investors. Second, the company will invest heavily in its cloud‑based delivery platform to ensure ultra‑low latency and high‑availability services, which are critical for algorithmic trading and high‑frequency strategies.
Third, Kaiko plans to develop advanced analytics and machine‑learning models that can provide predictive insights, anomaly detection, and sentiment analysis, further differentiating its offering from competitors. From a regulatory perspective, the infusion of capital also positions Kaiko to meet the increasing compliance requirements that are being imposed on crypto‑related activities worldwide. By enhancing its data provenance, audit trails, and reporting capabilities, Kaiko aims to become a trusted source for regulators, auditors, and custodians who need accurate and verifiable market data to fulfill their oversight responsibilities. Industry observers note that the $110 million total raise places Kaiko among the most well‑funded crypto‑data firms to date, reflecting the broader maturation of the digital‑asset infrastructure layer.
As institutional participation in crypto continues to rise, the demand for reliable, standardized, and enterprise‑grade data solutions is expected to accelerate, creating a sizable market opportunity for companies like Kaiko. Looking ahead, Kaiko’s leadership envisions a future where crypto market data is as ubiquitous and trusted as traditional financial data. With the backing of S&P Global, BNP Paribas, and other key stakeholders, the company is poised to deliver on that vision, driving innovation, fostering market integrity, and ultimately enabling a more inclusive and efficient financial ecosystem for all participants.