Crypto data provider Kaiko raises $110M in Series B led by S&P Global, signaling institutional adoption of digital asset infrastructure.
VC & Fundraising ·
Kaiko, a crypto data provider, has closed a Series B funding round at $110 million, with S&P Global leading the strategic investment. According to the company's announcement, this funding round reflects the growing convergence between traditional financial infrastructure and digital asset markets. Kaiko's leadership noted that traditional financial information providers and digital asset infrastructure are increasingly operating together in live products.
The investment represents institutional-scale capital flowing into crypto data infrastructure, a category that has gained traction as legacy financial institutions expand their involvement in digital assets. S&P Global's participation suggests confidence from an established market data incumbent in the long-term demand for institutional-grade crypto market information.
Details about the round's valuation, investor composition beyond S&P Global, or use of proceeds have not been disclosed in available reports. The timeline and any subsequent expansion of the Series B remain unclear.