Crypto data firm Kaiko secures $110 million funding round led by S&P Global - CNA

Direct Source Verification: This story is aggregated from CNA (Channel NewsAsia) (channelnewsasia.com). Full reporting rights and copyright belong to the primary publisher.
The S&P Global logo is seen in this illustration taken on January 29, 2025. REUTERS/Dado Ruvic/Illustration

The S&P Global logo is seen in this illustration taken on January 29, 2025. REUTERS/Dado Ruvic/Illustration

PARIS, Sept 14 : New York-based crypto data provider Kaiko has raised $110 million in a funding round led by S&P Global, in a sign of growing interest from mainstream financial institutions in tracking digital asset markets.

Other investors in the round include BNP Paribas, Nasdaq, Royal Bank of Canada, French state investor Bpifrance and U.S. trading firm Susquehanna, Kaiko said in a statement on Monday.

Kaiko, which was founded in France in 2014, said it would use the funds to strengthen its data business and expand its product offering, which currently covers more than 150 different exchanges and crypto protocols.

While cryptocurrencies such as bitcoin have retreated from a peak hit in late 2025, banks, exchange operators and other financial institutions have increasingly expressed interest in "tokenisation" - the idea of creating crypto tokens that represent mainstream financial assets such as stocks and bonds.

CNA Games Guess Word Crack the word, one row at a time Buzzword Create words using the given letters Mini Sudoku Tiny puzzle, mighty brain teaser Mini Crossword Small grid, big challenge Word Search Spot as many words as you can Show More Show Less Various crypto exchanges have started selling products based on stocks, including perpetual futures, prompting regulatory warnings about the risk to investors.

“As digital assets accelerate, S&P Global is investing for the future, and this investment underscores that conviction,” said Cathy Clay, the CEO of S&P Dow Jones Indices, in a statement.

Our chief editor shares analysis and picks of the week's biggest news every Saturday.

Original Source
https://www.channelnewsasia.com/business/crypto-data-firm-kaiko-secures-110-million-funding-round-led-sp-global-6383496
Visit CNA (Channel NewsAsia) ↗
SHARE STORY:
𝕏 f in

Related Coverage in Business