S&P Global has led a new investment round for Paris-based digital asset data provider Kaiko, bringing the company's total funding to $110 million. The deal marks a significant deepening of ties between traditional financial institutions and the cryptocurrency data sector.
Kaiko previously raised $5 million in a 2019 seed round, followed by a $24 million Series A in 2021 and a $53 million Series B in 2022. Investors in these earlier rounds included Eight Roads and Revaia.
The partnership extends beyond financial investment. On September 1, 2026, the companies launched a co-branded suite called S&P Kaiko Digital Asset Indices. This product provides structured data for asset managers and financial institutions.
By 2025, Kaiko had established itself as a Super Validator in the tokenized finance ecosystem. The collaboration with S&P Global leverages the latter's distribution network to provide institutional-grade data for ETFs and benchmarking tools.
While the specific valuation and full terms of the deal remain undisclosed, the companies are focused on building an integrated offering that combines S&P's benchmark authority with Kaiko's data infrastructure.
