Kaiko, a France-based crypto market data provider, said on September 14 that it extended its series B round to US$110 million with new funding led by S&P Global.

Kaiko raised US$53 million in the round in 2022, after closing a US$24 million series A in 2021.

The company said BNP Paribas, Coinbase Ventures, Nasdaq, Royal Bank of Canada, and Stellar also joined the latest funding.

S&P Global called the deal a strategic investment that deepens its commitment to digital assets and on-chain markets. Public materials reviewed did not detail any earlier commercial relationship between S&P Global and Kaiko.

Kaiko said the funds will go toward data infrastructure and products for digital-asset markets. The company said its services cover more than 150 exchanges and blockchain protocols.

🔗 Source: CoinDesk

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