News
Public · Published
S&P Global Leads $110M Kaiko Round as Wall Street Goes Onchain
S&P Global led an investment that increased Kaiko's Series B funding round to $110 million, with support from banks, exchanges, and trading firms in traditional and crypto markets. This funding aims to support market infrastructure for onchain operations.
Published:
Updated:
What happened
S&P Global led an investment that increased Kaiko's Series B funding round to $110 million, with support from banks, exchanges, and trading firms in traditional and crypto markets. This funding aims to support market infrastructure for onchain operations.
Confirmed
Global impact / market context
This investment shows big financial companies moving from just testing digital assets to paying for the systems that run markets on blockchain, which means a secure digital ledger. Building these systems could make tokenized trading more normal and widely used.
Analyst inference
Traditional financial firms like S&P Global, Nasdaq, and BNP backing crypto data infrastructure suggests growing confidence in digital assets. Funding this plumbing could encourage more institutions to join, potentially increasing trading activity and revenue opportunities across both traditional and crypto markets.
Analyst inference
What to watch
- Watch how Kaiko uses the new funds to build data and market infrastructure that supports onchain trading, as announced in the supplied article. Confirmed
- S&P Global, Nasdaq, and BNP might bring more traditional clients into crypto, which could expand trading volumes and boost data sales for Kaiko. Proposed
- More institutional money flowing into crypto infrastructure may signal that tokenized assets, which are digital versions of real-world investments, could become a standard part of big investment portfolios. Analyst inference