Kaiko, the crypto‑data provider founded in France in 2014 and now headquartered in New York, disclosed on Monday that it has secured $110 million in new capital. The round was led by S&P Global, a leading financial‑information company, and also attracted investments from BNP Paribas, Nasdaq, the Royal Bank of Canada, French state investor Bpifrance and U.S. trading firm Susquehanna.
Purpose of the capital
According to a statement from Kaiko, the fresh funding will be used to strengthen its data‑delivery business and broaden its product suite. The company already offers coverage of more than 150 cryptocurrency exchanges and protocol networks, providing price, volume and on‑chain metrics to banks, asset managers and other institutional clients.
Growing institutional interest
The financing round reflects a widening appetite among mainstream financial institutions for reliable digital‑asset market information. While the price of major cryptocurrencies such as bitcoin has pulled back from the highs seen in late 2025, banks, exchange operators and other market participants are increasingly exploring “tokenisation” – the creation of digital tokens that represent traditional assets like equities and bonds.
Several crypto exchanges have begun offering products linked to stocks, including perpetual futures, prompting regulators to issue warnings about the potential risks to investors. Kaiko’s expanded data capabilities are positioned to help these institutions monitor such products more effectively.
Comments from investors
“As digital assets accelerate, S&P Global is investing for the future, and this investment underscores that conviction,” said Cathy Clay, chief executive of S&P Dow Jones Indices, in a statement. Clay highlighted the importance of high‑quality market data for the evolving financial‑services landscape.
Representatives from the other investors echoed similar sentiments, noting that robust data infrastructure is essential for the safe integration of crypto‑related services into traditional finance.
Implications for the broader market
The infusion of capital into Kaiko signals confidence that the crypto‑data sector will play a lasting role in the financial ecosystem. By enhancing its analytics and expanding its coverage, Kaiko aims to support institutional clients in navigating the complexities of digital‑asset markets, potentially fostering greater stability and transparency.
Industry observers see this development as part of a broader trend where established financial‑information firms are deepening their involvement in the crypto space, seeking to bridge the gap between emerging digital‑asset products and conventional investment frameworks.
Looking ahead
Kaiko plans to roll out new data products and services over the coming months, targeting banks, asset managers, and other institutional users who require granular insight into cryptocurrency trading activity. The company’s growth strategy aligns with the increasing regulatory focus on digital assets, suggesting that reliable data will remain a cornerstone of compliance and risk‑management efforts.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.
