Kaiko, a fast‑growing provider of digital‑asset market data, announced that it has broadened its Series B financing round to a total of $110 million. The round now includes a strategic investment from S&P Global, the world‑renowned financial‑information and ratings firm, as well as a commitment from BNP Paribas, one of Europe’s leading banks.
The expanded capital raise also retains participation from existing backers, such as traditional financial institutions and exchange operators that have previously signaled confidence in Kaiko’s technology and growth trajectory. The infusion of $110 million marks a significant milestone for Kaiko, which was founded in 2014 with the goal of delivering reliable, high‑quality data on cryptocurrencies and other digital assets. Over the past few years, the company has built a robust infrastructure that aggregates, cleans, and normalises data from more than 200 exchanges worldwide. Its platform now powers a broad spectrum of clients, ranging from hedge funds and proprietary trading firms to institutional investors and fintech startups that require accurate, real‑time market information to inform trading strategies, risk management, and regulatory compliance.
By extending the Series B round, Kaiko aims to accelerate several strategic initiatives. First, the company plans to deepen its continuous market‑data offering, moving beyond end‑of‑day snapshots to provide truly real‑time streams that can support high‑frequency trading and algorithmic execution.
This shift requires substantial investment in low‑latency data pipelines, cloud‑based processing capabilities, and advanced analytics tools that can handle the massive volume and velocity of cryptocurrency transactions. Second, the new funding will be directed toward expanding Kaiko’s global footprint. While the firm already maintains a strong presence in North America and Europe, it intends to establish additional data‑collection nodes in emerging markets across Asia‑Pacific and Latin America. These regions are experiencing rapid adoption of digital assets, and local exchanges often lack the sophisticated data‑delivery mechanisms that institutional clients demand.
By establishing direct connections to these venues, Kaiko can improve data completeness, reduce latency, and offer a more comprehensive view of the global crypto ecosystem. Third, Kaiko will invest in product development aimed at regulatory‑focused solutions.
As governments and supervisory bodies worldwide tighten reporting requirements for crypto‑related activities, there is a growing need for compliant data feeds that can support anti‑money‑laundering (AML) checks, transaction monitoring, and audit trails. The partnership with S&P Global, a leader in risk analytics and compliance services, is expected to accelerate the creation of integrated solutions that combine Kaiko’s raw market data with S&P’s risk‑assessment frameworks. The involvement of BNP Paribas adds a further layer of credibility and strategic value.
BNP Paribas has been actively exploring blockchain and digital‑asset opportunities for its corporate and investment‑banking divisions. By investing in Kaiko, the bank not only secures a reliable data source for its own internal use but also positions itself to offer data‑as‑a‑service products to its corporate clients who are seeking to enter the crypto space safely.
Industry observers note that the inclusion of S&P Global in the round signals a broader trend of traditional finance players recognizing the importance of high‑quality crypto data. S&P’s decision to allocate capital to Kaiko reflects its belief that robust, standardized data will become a cornerstone of the emerging digital‑asset market infrastructure, much as it has been for equities, fixed income, and commodities over the past decades. From a competitive standpoint, Kaiko’s expanded funding puts it in a stronger position to challenge other data providers that have historically dominated the space, such as CoinMarketCap, CryptoCompare, and newer entrants backed by venture capital. The company’s emphasis on data integrity, coverage breadth, and compliance‑ready feeds differentiates it from rivals that may focus primarily on price aggregation without the same level of depth in order‑book data, trade‑level details, and historical archives.
The $110 million raised will also be allocated to talent acquisition. Kaiko plans to double its engineering and data‑science teams over the next 12 months, hiring experts in distributed systems, machine learning, and financial engineering. This talent boost is intended to accelerate the development of predictive analytics tools, such as volatility forecasting models and liquidity‑risk indicators, which can be packaged as premium services for institutional clients. In addition to product and talent investments, Kaiko will allocate a portion of the capital to marketing and partnership development.
The firm aims to forge deeper integrations with trading platforms, custodians, and prime‑brokerage services, ensuring that its data can be seamlessly embedded into existing workflows. By creating plug‑and‑play APIs and SDKs that adhere to industry standards, Kaiko hopes to lower the barrier to entry for firms that wish to incorporate crypto data into their existing risk‑management or portfolio‑construction processes. Overall, the expanded Series B round underscores the growing convergence between traditional finance and the digital‑asset sector. With backing from heavyweight institutions like S&P Global and BNP Paribas, Kaiko is well‑positioned to become a foundational data infrastructure provider for the next generation of market participants.
The company’s roadmap—centered on real‑time data delivery, global expansion, regulatory‑focused solutions, and advanced analytics—reflects both the maturation of the crypto market and the increasing demand for trustworthy, actionable information. Stakeholders can anticipate that Kaiko will continue to publish regular updates on its progress, including milestones related to latency reduction, new exchange onboardings, and the launch of compliance‑centric data products.
As the digital‑asset ecosystem evolves, the need for reliable, transparent, and standardized market data will only intensify, and Kaiko’s newly secured capital is designed to meet that demand head‑on. In summary, the extension of Kaiko’s Series B financing to $110 million, bolstered by strategic investors S&P Global and BNP Paribas, provides the company with the financial muscle and industry partnerships needed to scale its continuous market‑data services, broaden its geographic reach, and develop compliance‑ready solutions that cater to the sophisticated needs of institutional investors worldwide.