The S&P Global logo is seen in this illustration taken on January 29, 2025. REUTERS/Dado Ruvic/Illustration

Crypto data firm Kaiko secures $110 million funding round led by S&P Global

· CNA · Join

Read a summary of this article on FAST.
Get bite-sized news via a new
cards interface. Give it a try.
Click here to return to FAST Tap here to return to FAST
FAST

PARIS, Sept 14 : New York-based crypto data provider Kaiko has raised $110 million in a funding round led by S&P Global, in a sign of growing interest from mainstream financial institutions in tracking digital asset markets.

Other investors in the round include BNP Paribas, Nasdaq, Royal Bank of Canada, French state investor Bpifrance and U.S. trading firm Susquehanna, Kaiko said in a statement on Monday.

Kaiko, which was founded in France in 2014, said it would use the funds to strengthen its data business and expand its product offering, which currently covers more than 150 different exchanges and crypto protocols.

While cryptocurrencies such as bitcoin have retreated from a peak hit in late 2025, banks, exchange operators and other financial institutions have increasingly expressed interest in "tokenisation" - the idea of creating crypto tokens that represent mainstream financial assets such as stocks and bonds.

CNA Games

Guess Word
Crack the word, one row at a time

Buzzword
Create words using the given letters

Mini Sudoku
Tiny puzzle, mighty brain teaser

Mini Crossword
Small grid, big challenge

Word Search
Spot as many words as you can
Show More
Show Less

Various crypto exchanges have started selling products based on stocks, including perpetual futures, prompting regulatory warnings about the risk to investors.

“As digital assets accelerate, S&P Global is investing for the future, and this investment underscores that conviction,” said Cathy Clay, the CEO of S&P Dow Jones Indices, in a statement.

Source: Reuters

Newsletter

Week in Review

Subscribe to our Chief Editor’s Week in Review

Our chief editor shares analysis and picks of the week's biggest news every Saturday.

Sign up for our newsletters

Get our pick of top stories and thought-provoking articles in your inbox

Subscribe here

Get the CNA app

Stay updated with notifications for breaking news and our best stories

Download here

Get WhatsApp alerts

Join our channel for the top reads for the day on your preferred chat app

Join here