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Wall Street Firms Back Crypto Data Provider Kaiko as Funding Round Grows to $110 Million

Wall Street Firms Back Crypto Data Provider Kaiko as Funding Round Grows to $110 Million

  • Wall Street firms invested in Kaiko, a crypto data provider, expanding its latest funding round to $110 million.
  • The investment reflects the rising importance of real-time data infrastructure as blockchain, asset tokenization and 24-hour trading gain traction.
  • Kaiko plans to use the funds for new products and services and is expanding its crypto market data business through the S&P Kaiko Digital Asset Indices and acquisitions.

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Photo: Shutterstock
Photo: Shutterstock

As Wall Street steps up efforts around blockchain-based 24-hour trading and asset tokenization, global financial firms are pouring money into crypto data provider Kaiko.

Bloomberg reported on September 14 that S&P Global…

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