Kaiko raises $53M for international expansion
- June 28, 2022
- 0
Crypto market data provider Kaiko has closed its $53 million Series B funding round led by Eight Roads. š„Kaiko raised $53M in final round of Series B fundingš„
Crypto market data provider Kaiko has closed its $53 million Series B funding round led by Eight Roads.
š„Kaiko raised $53M in final round of Series B fundingš„
The financing will enable Kaiko to further strengthen its position as the global industry reference for centralized and decentralized digital asset data services.
Read the story here – https://t.co/VmvYcgyDQy pic.twitter.com/AnSPtj7aBs
ā Kaiko (@KaikoData) 28 June 2022
Funding was also provided by Revaia and existing investors Alven, Point9, Anthemis and Underscore.
Over the past year, Kaiko has taken over risk optimization solutions provider Kesitys to expand its product offering, and has also agreed with CoinShares to acquire Napoleon Index to launch crypto indices.
In February 2022, the firm received SOC-2 Type-1 accreditation, demonstrating a high level of data security and privacy management and necessary controls in place.
Kaiko CEO Ambre Subirana noted the record interest of institutional investors in the company’s services. The firm offers market data, portfolio solutions, interest rate, index, DeFi market information, pricing services and research.
Kaiko’s clients include ICE Global Network, Deutsche Bƶrse, Oanda, Bloomberg, the largest asset managers and investment banks in North America and Europe. Offices are located in Paris, London, New York and Singapore.
Recall that in June 2021, Kaiko raised $24 million during its Series A funding round.
Read ForkLog bitcoin news in our Telegram – cryptocurrency news, courses and analysis.
Source: Fork Log
I’m Sandra Torres, a passionate journalist and content creator. My specialty lies in covering the latest gadgets, trends and tech news for Div Bracket. With over 5 years of experience as a professional writer, I have built up an impressive portfolio of published works that showcase my expertise in this field.
