Kaiko Funding Round Reaches $110 Million as S&P Global Leads

Crypto market-data provider Kaiko has expanded its latest funding round to $110 million, with S&P Global leading the investment, according to Bloomberg, as financial institutions increase their focus on infrastructure capable WuBlockchain of supporting round-the-clock digital-asset markets.

The financing includes participation from DRW, Susquehanna, Royal Bank of Canada, Nasdaq, BNP Paribas, Broadridge, Coinbase Ventures, Stellar and other investors. The breadth of participants highlights the growing intersection between traditional financial institutions and infrastructure providers serving cryptocurrency markets.

S&P Global Leads Kaiko Investment

Kaiko provides market data and analytics used across digital-asset markets, making its infrastructure increasingly relevant as trading venues operate continuously and financial institutions seek more comprehensive information on crypto liquidity and market activity.

The expanded funding comes as blockchain-based financial markets continue to operate around the clock, unlike traditional securities markets that generally follow established trading sessions. Reliable market data and infrastructure are therefore becoming increasingly important for institutions seeking to monitor digital assets across global venues.

The participation of established financial and markets-infrastructure companies also points to continued institutional interest in the underlying systems supporting digital-asset trading, rather than exposure to cryptocurrencies alone.

Kaiko Previously Raised $53 Million

Kaiko previously raised $53 million in a Series B funding round led by Eight Roads in 2022. The latest financing substantially increases the capital raised in its current funding cycle and gives the company additional backing from both traditional finance and crypto-focused investors.

S&P Global’s involvement is particularly significant given its position in financial information and market infrastructure. Other participants, including Nasdaq, BNP Paribas, Royal Bank of Canada and Broadridge, further connect Kaiko’s investor base with established financial-market institutions.

For the broader crypto industry, the funding underscores the increasing importance of market-data infrastructure as digital-asset trading becomes more integrated with conventional financial markets. The key question now is how quickly institutional trading systems and regulatory frameworks will adapt to markets that operate continuously on blockchain-based rails.

Writer: Victoria Hale
Technology & Blockchain Writer

Victoria Hale writes about blockchain technology, digital infrastructure, and the intersection of emerging technologies with finance. Her articles explore how new protocols and systems are shaping the evolving digital economy.

She prioritises clarity and accuracy when explaining technical developments to a general audience.