S&P Global Backs Crypto Data Provider Kaiko in $110M Series B Round

WHY IT MATTERS

Think of Kaiko as a company that provides the equivalent of stock market price feeds and data, but for cryptocurrencies. Just as stock traders rely on companies like Bloomberg or S&P Global for accurate, real-time market data, crypto traders and institutions need similar services for digital assets. When a major traditional finance company like S&P Global — which runs some of the most widely followed stock market indices in the world — invests in a crypto data provider, it suggests that established financial players see long-term demand for professional-grade crypto market infrastructure. For newcomers, this is an example of how the crypto industry is building out the behind-the-scenes tools and services that larger financial institutions expect before they participate in a market.