Kaiko, a Paris, France-based leading source of cryptocurrency market data, providing businesses with industrial-grade and regulatory compliant data, announced that it raised $53 million in Series B funding.

The round was led by Eight Roads, with participation from Revaia, existing investors Alven, Point9, Anthemis, and Underscore. 

This new round of funding will enable Kaiko to further strengthen its institutional data products and infrastructure, reinforcing the Company as the critical source of centralized and decentralized market information.

The proceeds of the funding will also be used to expand Kaiko’s global presence.

Company: Challenger Deep SAS

Raised: $53.0M

Round: Series B

Funding Month: June 2022

Lead Investors: Eight Roads

Additional Investors: Revaia, Alven, Point9, Anthemis, and Underscore

Company Website: https://www.kaiko.com/

Software Category: Digital Assets Market Data

About the Company: Kaiko is the leading cryptocurrency market data provider for institutional investors and enterprises, its mission is to be the foundation of the new digital finance economy by serving as a single source for market information. Kaiko empowers market participants with global connectivity to real-time and historical data feeds across the world’s leading crypto exchanges. Kaiko counts some of the leading financial firms as partners and clients, including ICE Global Network, Deutsche Börse, Oanda, and Bloomberg, plus some of the largest asset managers and investment banks in North America and Europe. The Company currently has four global offices in Paris, London, New York, and Singapore.

Source: https://blog.kaiko.com/kaikos-next-phase-announcing-53m-in-series-b-funding-fbdc5a075e87