Kaiko raises $53 million for international expansion

Kaiko, a provider of cryptocurrency market data, closed a $53 million Series B round. It was led by Eight Roads.

💥Kaiko raises $53 Million in latest round of Series B funding💥

The funding will enable Kaiko to further consolidate its position as the global industry reference for centralised and decentralised digital assets data services.

Read the story, here — https://t.co/VmvYcgyDQy pic.twitter.com/AnSPtj7aBs

— Kaiko (@KaikoData) June 28, 2022

The funding was also provided by Revaia and existing investors Alven, Point9, Anthemis and Underscore.

Over the past year, to expand its product line Kaiko has acquired Kesitys, a provider of risk-optimisation solutions, and has agreed with CoinShares to acquire Napoleon Index to launch crypto indices.

In February 2022 the firm obtained SOC-2 Type-1 accreditation, confirming a high level of information security governance and data confidentiality, as well as the necessary controls.

Kaiko CEO Ambre Subirana noted strong interest from institutional investors in the company’s services. The firm offers market data, portfolio solutions, information on rates, indices, the DeFi market, pricing services and research.

Among Kaiko’s clients are ICE Global Network, Deutsche Börse, Oanda, Bloomberg, and major asset managers and investment banks in North America and Europe. The offices are located in Paris, London, New York and Singapore.

Back in June 2021, Kaiko привлекла $24 млн in a Series A round.

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