Kaiko extends Series B to US$110M

• Kaiko has extended its Series B funding round to US$110 million.
• S&P Global has led the extension, with BNP Paribas and other financial firms participating.
• Kaiko will use the funding to expand data infrastructure for digital and tokenised markets.

Kaiko has extended its Series B funding round to US$110 million after S&P Global led a new investment.

S&P Global, BNP Paribas, Nasdaq Ventures, Coinbase Ventures and other institutions have joined the funding extension.

“As digital assets accelerate S&P Global is investing for the future,” said S&P Dow Jones Indices CEO Cathy Clay.

Kaiko has said the new funding will strengthen its market-data business and expand its infrastructure for onchain capital markets.

The company provides data covering more than 150 cryptocurrency exchanges and blockchain protocols across digital-asset markets.

Kaiko has previously raised US$53 million in its Series B round in 2022, while its latest valuation remains undisclosed.