Kaiko has announced that S&P Global led a strategic investment in the company, extending its Series B funding round to $110 million. The extension drew participation from a broad group of financial and technology investors, including BNP Paribas, Bpifrance, Broadridge, Canton Foundation, Coinbase Ventures, DRW Venture Capital, Nasdaq Ventures, Royal Bank of Canada, Stellar, and Susquehanna Private Equity Investments. Existing shareholders Anthemis, Point Nine, and Revaia also joined the round, reinforcing confidence in Kaiko's regulated data services for onchain finance.
Strategic Industry Collaboration
The participating institutions have also joined a Strategic Industry Working Group chaired by Kaiko, giving them a direct role in shaping data infrastructure for tokenized markets. This collaboration reflects a wider shift in which the institutions that run today's capital markets are funding the systems required to operate digital asset markets. Together, the partners aim to define how institutional money moves onchain through transparent and reliable data standards.
24/7 Data Infrastructure
Digital asset markets operate around the clock, and their supporting infrastructure must do the same. Kaiko's core business provides institutional-grade market data for digital assets, with coverage of more than 150 exchanges and protocols. Its data infrastructure offering extends this foundation to onchain capital markets by delivering proprietary market data to smart contracts, transforming onchain activity into standardized off-chain data, and enabling confidential valuation and analytics.
Investor Perspectives
S&P Global said the investment underscores its conviction in the future of digital assets. Cathy Clay, CEO of S&P Dow Jones Indices, noted that Kaiko's strength in crypto market data and analytics builds foundational transparency and turns complex trading activity into decision-ready intelligence. BNP Paribas added that robust market infrastructure, enhanced transparency, and trusted data will become increasingly important as tokenized finance evolves.
Recent Milestones and Regulatory Standing
Kaiko recently completed two major acquisitions: Cometh, a MiCA-regulated provider of decentralized finance infrastructure, and Amberdata, a digital asset market data provider that was its former largest U.S. competitor. The company also launched the S&P Kaiko Digital Asset Indices suite and maintains a data collaboration with Bloomberg. These developments have expanded Kaiko's U.S. footprint while strengthening its technical and regulatory capabilities.
Kaiko holds SOC 1 and SOC 2 Type 2 attestations from a Big Four audit firm. Kaiko Indices is authorized as a benchmark administrator under the EU Benchmark Regulation and listed in the ESMA register, while Cometh is authorized by the AMF as a crypto-asset service provider under MiCA. The company also adheres to the IOSCO Principles for Financial Benchmarks, supporting its regulated data and digital asset services.
About Kaiko
Kaiko was founded in 2014 and provides regulated data services for onchain finance. The company delivers institutional-grade digital asset market data, analytics, indices, and data infrastructure for digital asset, tokenized, and traditional markets. Its clients include banks, asset managers, exchanges, and leading financial institutions worldwide, with data and infrastructure supporting trading, valuation, risk management, tokenized assets, and onchain applications.
The extension of Kaiko's Series B to $110 million marks a significant alignment between traditional financial institutions and onchain market infrastructure. By pairing capital with active participation in a strategic working group, investors are signaling that trusted data and standardized infrastructure are essential for tokenized markets. As Kaiko continues to integrate its recent acquisitions and expand regulated services, the company is positioned to support the next phase of institutional adoption.