S&P Global Invests $110M in Kaiko to Enhance Crypto Data Infrastructure
- S&P Global led a funding round that increased Kaiko‘s Series B total to $110 million.
- Investors included major firms like BNP Paribas, Nasdaq Ventures, and Coinbase Ventures.
- Funding will support Kaiko’s digital asset market data business and onchain financial infrastructure.
- Kaiko aims to develop data services for tokenized Treasury bills, equities, and bonds.
- The investment aligns with broader industry trends towards blockchain technology in trading and settlement.
This investment reflects the growing interest in tokenized financial products as major financial institutions explore blockchain solutions for trading and settlement processes.
The $110 million funding will enable Kaiko to enhance its offerings in digital asset market data while contributing to the development of onchain financial infrastructure.(Source)
