USD
S&P Global Leads Kaiko Investment as Series B Reaches $110 Million
Crypto data provider plans to expand infrastructure for continuous and tokenized markets
TL;DR
- S&P Global led a strategic investment extending Kaiko’s existing Series B financing.
- Kaiko plans to strengthen its market-data business and expand infrastructure for onchain capital markets.
- Banks, market-infrastructure companies, investors and blockchain organizations joined the financing and a new industry working group.
Trade smarter on Jupiter, Solana’s leading DEX built for fast execution and deep liquidity.
Swap tokens at competitive rates, route across multiple liquidity sources automatically, and access perpetuals, DCA, and advanced trading tools — all in one place!
S&P Global led a strategic investment in crypto market-data provider Kaiko announced on September 14, 2026, extending the company’s Series B financing to a total of $110 million as Kaiko expands data infrastructure for digital-asset and tokenized markets.
Kaiko said the capital will be used to strengthen its core market-data business and broaden its infrastructure for onchain capital markets. The company has increasingly expanded beyond exchange-price feeds through institutional integrations, acquisitions and index products while maintaining a data footprint across more than 150 exchanges and blockchain protocols.
“Digital asset markets operate 24/7, and the infrastructure supporting them must do the same,” Kaiko said.
Series B builds on earlier funding rounds
Kaiko’s financing history includes several stages of institutional funding, with the latest investment structured as an extension of its existing Series B rather than a separate new round.
The earlier Series B reportedly tripled Kaiko’s valuation. A current valuation was not disclosed alongside the latest extension. The expanded round is now more than double its original size and approximately 4.6 times the size of the company’s Series A.
S&P Global was joined in the latest financing by BNP Paribas, Bpifrance, Broadridge, Canton Foundation, Coinbase Ventures, DRW Venture Capital, Nasdaq Ventures, Royal Bank of Canada, Stellar and Susquehanna Private Equity Investments. Existing shareholders Anthemis, Point Nine and Revaia also participated.
The financing brings together participants from banking, financial-market infrastructure, investment firms and blockchain organizations as Kaiko develops data systems designed for digital markets that operate continuously and for capital-market activity moving onto blockchain infrastructure.
S&P Global expands existing relationship with Kaiko
S&P Global’s investment follows an existing commercial relationship between Kaiko and S&P Dow Jones Indices. Earlier that month, the companies launched the S&P Kaiko Digital Asset Indices, combining their crypto-index products into a co-branded index suite.
Cathy Clay, S&P Dow Jones Indices CEO, said the investment reflects S&P Global’s expectations for the development of digital assets.
“As digital assets accelerate, S&P Global is investing for the future, and this investment underscores that conviction,” Clay said.
The new investors are also joining a Strategic Industry Working Group chaired by Kaiko. The group will focus on data and infrastructure for tokenized markets, bringing participating financial institutions, market-infrastructure companies, investors and blockchain organizations into a coordinated forum around those systems.
Kaiko said the broader financing strategy is aimed at supporting the development of continuous digital markets while expanding its product offering. The company’s stated use of funds centers on its market-data operations and infrastructure for onchain capital markets.
Kaiko expands institutional and onchain data footprint
Founded in France in 2014, Kaiko had roughly 12 years of operating history by the time of the latest financing. Its expansion has included institutional integrations as well as acquisitions intended to broaden its onchain and digital-asset data capabilities.
Kaiko integrated its data with institutional digital-asset infrastructure provider Taurus in 2025, making its pricing and liquidity information available through the Taurus platform.
The company also expanded through the acquisition of DeFi infrastructure provider Cometh and U.S. digital-asset data firm Amberdata. Those transactions broadened Kaiko’s exposure to DeFi, blockchain, derivatives and onchain data alongside its existing exchange-market data operations.
The acquisitions, institutional integrations and S&P Dow Jones Indices partnership preceded the latest financing and form part of Kaiko’s expansion from crypto market-data services toward a broader infrastructure offering for institutional digital-asset and tokenized markets.
Kaiko has positioned continuous data availability as a central requirement for that strategy, with its latest financing directed toward systems intended to support markets that operate beyond conventional trading schedules.
This article has been refined and enhanced by ChatGPT.
