S&P Global Leads Kaiko Funding Round to $110 Million

S&P Global has led a strategic investment in Kaiko that extends the digital-asset data provider’s Series B financing to $110 million. The round included major financial and crypto-industry participants, including BNP Paribas, Bpifrance, Broadridge, Coinbase Ventures, Nasdaq Ventures, Royal Bank of Canada, Stellar and Susquehanna, along with existing investors. Participating institutions are joining a Kaiko-chaired Strategic Industry Working Group focused on developing data infrastructure for tokenized markets. Kaiko plans to use the funding to expand its institutional-grade market data business and services that connect blockchain activity with standardized off-chain data, smart contracts and confidential analytics. The investment deepens S&P Global’s partnership with Kaiko, which has included co-branded digital-asset indices and efforts to support institutional adoption of on-chain markets and tokenized financial products.