S&P Global leads $110 million Series B funding for crypto data firm Kaiko

S&P Global led a strategic investment in crypto market data provider Kaiko, bringing the total Series B funding to $110 million. Participants in the round included Alura Capital, BNP Paribas, Bpifrance, Broadridge, Canton Foundation, Coinbase Ventures, DRW Venture Capital, Nasdaq Ventures, Royal Bank of Canada, Stellar, and Susquehanna Private Equity Investments, alongside existing investors Anthemis, Point Nine, and Revaia. Kaiko plans to use the capital to enhance its market data business and expand its on-chain capital markets data infrastructure. The company also recently acquired Amberdata and Cometh, and has partnered with S&P Dow Jones Indices to launch the S&P Kaiko Digital Asset Indices.