Wall Street Backs Kaiko in Massive $110M Funding Round

Crypto data provider Kaiko just raised a massive $110 million in its expanded Series B funding round, and traditional finance heavyweights are leading the charge. S&P Global spearheaded the investment, which also drew backing from major names like Nasdaq and BNP Paribas. This shows that traditional financial institutions are moving past simple experiments with tokenization and are now funding the core plumbing required for onchain markets.

Good market data is the absolute backbone of trading, and this cash injection proves Wall Street wants reliable tools for digital assets. When exchanges and trading firms put their weight behind data infrastructure, it usually means serious capital is getting ready to flow into the space.

Traders should watch how these traditional firms start integrating Kaiko tools into their daily operations. As Wall Street builds out this foundation, the bridge between traditional finance and crypto gets a lot stronger.