Crypto Market Data Provider Kaiko Raises $53M in Series B » CryptoNinjas

Kaiko, a cryptocurrency market data provider, today announced the closing of a $53 million Series B funding. This round was led by Eight Roads, with participation from Revaia and existing investors Alven, Point9, Anthemis and Underscore.

The new round of funding will allow Kaiko to strengthen its institutional data products and infrastructure.

Proceeds from the financing will also be used to expand Kaiko’s global presence. The company currently has four global offices in Paris, London, New York and Singapore, allowing the team to tailor products and marketing to meet the specific needs of local markets.

Over the past year, Kaiko has invested in targeted mergers and acquisitions to expand its range of institutional products.

Recently, Kaiko announced the acquisition of Kesitys, a provider of quantitative decision tools for risk optimization, as well as an agreement with CoinShares to acquire its subsidiary Napoleon Index, enabling the launch of Kaiko Indices.

As a business, Kaiko has also strengthened its security, privacy and data availability measures and controls, having received its SOC-2 Type-1 accreditation in February 2022.

“The blockchain industry has generated enormous institutional interest and with it, the need for high-quality data has never been greater. Over the next year, we will solidify our position as the industry leader in blockchain solutions. institutional data, serving as a critical bridge between centralized and decentralized financial markets. We have chosen to work with Eight Roads for this phase of intense growth, bringing in leading and trusted investors with a global presence and a successful track record of scaling innovative businesses.
Amber SoubiranCEO of Kaiko

Comments are closed.