S&P Global Leads $110 Million Funding Round for Kaiko
Kaiko Secures $110M Funding Led by S&P Global
S&P Global has led a $110 million Series B funding round for Kaiko, a Paris-based crypto market data provider. The investment extends Kaiko's funding to support its data infrastructure for tokenized financial markets.
Investors and Funding Details
- The round includes investors such as BNP Paribas, Bpifrance, Broadridge, Canton Foundation, Coinbase Ventures, DRW Venture Capital, Nasdaq Ventures, Royal Bank of Canada, Stellar, and Susquehanna Private Equity Investments.
- The funding will support Kaiko's core digital asset market data business and its expansion into onchain financial infrastructure, including data services for tokenized Treasury bills, money market funds, equities, and bonds.
- Participating investors will join a Kaiko-led industry working group focused on developing data and infrastructure for tokenized financial products.
Kaiko CEO on Investor Partnerships
Kaiko CEO Ambre Soubiran stated that the investors span several key areas of digital asset markets, including pricing, trading, capital allocation, and blockchain development. They will serve as partners in building infrastructure for institutional onchain finance.
Wall Street's Push Toward Tokenization
Kaiko's funding comes as major financial institutions expand their use of blockchain technology. For example, Intercontinental Exchange (ICE) signed an agreement with Securitize to develop tokenized securities infrastructure, and Nasdaq received SEC approval to pilot trading of tokenized stocks. The Depository Trust & Clearing Corporation (DTCC) also conducted production trades with tokenized assets.
Confirmed Facts
It is confirmed that S&P Global led the funding round, bringing Kaiko's Series B to $110 million. The investors are listed, and the funding will support specific expansion plans. The working group will be formed with participating investors.
Why This Matters for Tokenized Markets
This funding shows growing interest from traditional financial institutions in building the infrastructure needed for tokenized assets. Tokenization refers to representing real-world assets, like stocks or bonds, on blockchain networks for easier trading and settlement.