Kaiko expands funding round to $110M led by S&P Global

Crypto data firm Kaiko has secured a funding round totaling $110 million, with the investment led by S&P Global. This financial expansion signals a significant shift toward the institutional adoption of crypto, aiming to enhance market integration and data reliability. The investment from S&P Global underscores the growing demand for professional-grade data within the digital asset space, facilitating a more robust infrastructure for institutional players entering the cryptocurrency markets through improved analytics and reporting tools.