Kaiko, a fast‑growing provider of digital‑asset market data, announced an extension of its Series B financing round that brings the total amount raised to $110 million. The latest tranche was led by S&P Global, the renowned financial‑information and ratings firm, and includes participation from major banking institutions such as BNP Paribas, alongside several prominent cryptocurrency‑exchange operators and other strategic investors.
The infusion of capital marks a pivotal moment for Kaiko as it accelerates its roadmap to deliver continuous, high‑frequency market data across a broader range of digital‑asset classes. By securing backing from S&P Global, Kaiko gains not only financial resources but also access to a wealth of expertise in data integrity, analytics, and regulatory compliance—areas that are increasingly critical as institutional investors deepen their exposure to crypto‑related products. "Our partnership with S&P Global and the confidence shown by BNP Paribas and our other investors validate the strategic importance of transparent, reliable market data in the evolving digital‑asset ecosystem," said Jan Krzysztof, CEO of Kaiko.
"The additional funding will enable us to scale our infrastructure, expand our data‑coverage footprint, and introduce new real‑time analytics tools that meet the rigorous standards of institutional traders, asset managers, and regulators alike." ### Why Continuous Market Data Matters Traditional financial markets have long relied on continuous, tick‑by‑tick data streams to power algorithmic trading, risk management, and compliance reporting. In the cryptocurrency space, however, data has historically been fragmented, delayed, or inconsistent across exchanges.
This fragmentation creates operational risk for firms that need to aggregate price information from multiple venues to form a coherent view of market dynamics. Kaiko's technology stack is built to ingest, normalize, and distribute data from dozens of exchanges in near real‑time, delivering a unified, low‑latency feed that can be integrated directly into trading platforms, portfolio‑management systems, and regulatory reporting tools. The Series B extension will fund the expansion of this infrastructure, including the deployment of additional data‑center nodes, the enhancement of data‑validation algorithms, and the hiring of specialized engineers to improve latency and throughput. ### Strategic Benefits for Investors For S&P Global, the investment aligns with its broader strategy to broaden its data‑services portfolio beyond traditional equities, fixed income, and commodities into the burgeoning digital‑asset sector.
By partnering with a specialist like Kaiko, S&P Global can leverage proprietary market‑data feeds to enrich its own analytics offerings, develop new credit‑rating models for crypto‑based assets, and provide its clients with a more holistic view of risk across both conventional and digital markets. BNP Paribas, a leading European bank with a growing focus on crypto‑related services, views the partnership as a means to enhance its own market‑intelligence capabilities. Access to Kaiko's continuous data feed allows BNP Paribas to better serve its corporate and institutional clients who are increasingly seeking exposure to crypto assets, whether through direct trading, structured products, or custodial solutions. ### Expanding the Product Suite With the new capital, Kaiko plans to launch several product extensions: 1.
**Real‑Time Index Construction**: Building on its existing index services, Kaiko will offer indices that are recalculated on a sub‑second basis, enabling fund managers to create ultra‑responsive exchange‑traded products. 2. **Enhanced Historical Data Packages**: By deepening its archival storage, Kaiko will provide richer, granular historical datasets that support back‑testing and quantitative research for hedge funds and academic institutions.
3. **Regulatory Reporting APIs**: Tailored feeds designed to meet the reporting requirements of jurisdictions such as the EU’s MiCA framework, the U.S. SEC, and other emerging regulatory regimes.
4. **Risk‑Management Dashboards**: Integrated visual tools that combine price data, order‑book depth, and on‑chain metrics to give traders a comprehensive risk overview.
These offerings aim to bridge the gap between the speed and reliability of legacy financial data services and the novel, fast‑moving nature of crypto markets. ### Market Impact and Outlook The $110 million Series B extension sends a clear signal to the broader financial community: high‑quality, continuous market data is becoming a foundational layer for the institutional adoption of digital assets. As more banks, asset managers, and custodians enter the space, the demand for trustworthy, low‑latency data will only intensify. Industry analysts anticipate that Kaiko's expanded capabilities will encourage the launch of new crypto‑linked investment vehicles, such as futures, options, and exchange‑traded funds that rely on precise pricing inputs.
Moreover, regulators are likely to view the availability of standardized data as a positive step toward market transparency and investor protection. ### About Kaiko Founded in 2014, Kaiko has grown to become one of the most respected providers of cryptocurrency market data, serving over 300 clients worldwide, including hedge funds, exchanges, fintech firms, and academic researchers. The company prides itself on delivering clean, normalized, and actionable data that powers decision‑making across the digital‑asset ecosystem.
### Closing Remarks The extended Series B round, now totaling $110 million, underscores the confidence that leading financial institutions have in Kaiko's vision and technology. With the backing of S&P Global, BNP Paribas, and other strategic partners, Kaiko is well‑positioned to set the industry standard for continuous market data, facilitating deeper integration of crypto assets into mainstream finance and paving the way for more robust, data‑driven innovation in the years ahead.