S&P Global has led a strategic investment in digital asset data provider Kaiko, extending the company’s Series B funding to $110 million as it expands its data infrastructure for tokenised markets. The round also includes BNP Paribas, Bpifrance, Broadridge, Canton Foundation, Coinbase Ventures, DRW Venture Capital, Nasdaq Ventures, Royal Bank of Canada, Stellar and Susquehanna Private Equity Investments.
Participating institutions will join a Kaiko-chaired Strategic Industry Working Group focused on shaping data and infrastructure for bringing tokenised financial products into production.
Kaiko provides institutional market data covering more than 150 digital asset exchanges and protocols. It is extending this into onchain capital markets, including delivering market data to smart contracts and standardising onchain activity for off-chain consumption.
The investment follows Kaiko’s acquisitions of DeFi infrastructure provider Cometh and digital asset data specialist Amberdata, alongside the recent launch of digital asset indices with S&P.
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