Crypto data firm Kaiko secures $110 million funding round led by S&P Global

Kaiko, a leading crypto data firm, has secured a significant $110 million funding round led by S&P Global. This investment is a vote of confidence in Kaiko's ability to provide valuable data to the growing number of mainstream financial institutions entering the digital asset market. The funding will allow Kaiko to strengthen its data business and expand its product offerings, which could have a positive impact on the broader crypto market.

Why it matters

The funding round led by S&P Global indicates growing interest and investment in the crypto data industry. This could lead to increased innovation and competition in the sector, driving growth and adoption of crypto assets.

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