Paris-based crypto data provider Kaiko has raised $110 million in an extended Series B funding round. The investment was led by S&P Global and included participation from major financial institutions such as BNP Paribas, Nasdaq Ventures, Coinbase Ventures, and the Royal Bank of Canada.

The capital will support Kaiko’s core digital asset data business and the development of onchain financial infrastructure. The company plans to provide data services for tokenized assets, including Treasury bills, money market funds, bonds, and equities.

Investors in this round will join a Kaiko-led industry working group dedicated to creating infrastructure and data standards for tokenized financial products. CEO Ambre Soubiran noted that these partners represent key sectors of digital asset markets, from trading to capital allocation.

Kaiko has recently expanded its institutional footprint through strategic acquisitions and partnerships. In May, the firm acquired the MiCA-regulated provider Cometh, followed by the purchase of US-based Amberdata in June. Earlier in February, Kaiko partnered with Bloomberg to integrate licensed financial data onchain.