Crypto data provider Kaiko has successfully expanded its Series B funding round to $110 million following a strategic investment led by S&P Global. According to reports from The Economic Times, the expanded round includes participation from multiple financial institutions including BNP Paribas, Nasdaq, Royal Bank of Canada, Bpifrance, Susquehanna, and several other financial and crypto firms. Existing shareholders Anthemis, Point Nine, and Revaia also participated in the financing, though the company did not disclose specific valuation figures or individual investor contributions. The latest announcement confirms the participation of additional investors including Broadridge, Canton Foundation, DRW Venture Capital, and S&P Global itself. As per Startup.eu, Kaiko has raised a total of €94,893,030 in funding to date, with the company founded on September 14, 2026. The company operates as a global independent leader in digital asset market data, analytics, indices, and infrastructure for institutional investors, financial services firms, and regulators.
The funding will support Kaiko's market data business while extending infrastructure into onchain capital markets where banks and financial firms are testing tokenized securities, settlement systems, and blockchain-based financial products. As reported by The Economic Times, the company currently provides data covering more than 150 exchanges and protocols. The new investors have joined a Kaiko chaired Strategic Industry Working Group focused on data and infrastructure for tokenized markets as financial assets increasingly move onto blockchain networks. According to Kaiko CEO Ambre Soubiran, the investors work across the core functions of digital asset markets including pricing, trading, capital allocation, and blockchain development, backing both the company's regulated institutional-grade data provider status and its vision to provide the data infrastructure layer for onchain capital markets. Cathy Clay, CEO of S&P Dow Jones Indices, emphasized the strategic importance, stating "As digital assets accelerate, S&P Global is investing for the future, and this investment underscores that conviction."
The funding comes as real-world assets (RWAs) have reached a remarkable $30 billion in onchain value, demonstrating explosive growth of over 70% this year. As noted by OKX, this surge highlights the increasing integration of real-world assets into the crypto sphere, providing instant settlement and global access without traditional market constraints. The trend indicates growing adoption of tokenized assets, with investors likely to monitor this development closely as it could reshape investment strategies and liquidity in the crypto sector. RWAs encompass physical assets that are tokenized on the blockchain, creating a bridge between traditional finance and the digital economy, with OKX at the forefront of promoting and facilitating trading of these tokenized assets. The current market context shows RWAs emerging as a key player in the cryptocurrency landscape, with the $30 billion milestone signifying a shift in how traditional assets are perceived within the blockchain ecosystem.
Kaiko provides a comprehensive suite of institutional-grade data solutions including market data feeds, proprietary analytics for risk management and fair value pricing, regulatory-compliant indices, and blockchain monitoring services for surveillance and compliance. The company serves institutional and professional market participants including banks, hedge funds, asset managers, family offices, crypto exchanges, and fintech companies that require high-quality, normalized data for trading, research, and compliance. According to Startup.eu, Kaiko operates through a rigorous four-stage process—Read, Compute, Store, and Distribute—to transform raw data from hundreds of centralized and decentralized exchanges into clean, enriched, and reliable institutional-grade market intelligence. The company's data and infrastructure support trading, valuation, risk management, tokenized assets, and onchain applications, connecting traditional and blockchain-based markets.
The funding positions Kaiko to strengthen its data business and expand its product offering as mainstream financial institutions show growing interest in digital asset markets. As reported by The Economic Times, various crypto exchanges have started selling products based on stocks, including perpetual futures, prompting regulatory warnings about the risk to investors. This expansion comes as the digital asset market matures and traditional financial institutions seek reliable data infrastructure for their crypto operations. The new investor base spans market data, banking, exchanges, blockchain infrastructure, and capital markets, bringing diverse expertise to support Kaiko's mission of providing institutional-grade data solutions for the evolving digital asset ecosystem.
