French fintech Kaiko, a leading provider of data and indices for the digital asset sector, has just reached a major milestone in its development by increasing its Series B funding round to $110 million. This transaction, marked by a fresh capital injection of approximately $57 million, was led by American giant S&P Global. The round highlights the growing interest from major global financial institutions in "on-chain" data infrastructure, which is essential for the maturation and transparency of crypto markets.
The funding round brought together a premier international coalition, including players such as Nasdaq, the Royal Bank of Canada, Coinbase Ventures, and Broadridge. While the presence of BNP Paribas and Bpifrance ensures French representation among the shareholders, the small number of domestic investors compared to the dominance of Anglo-Saxon institutions highlights a recurring dynamic in the funding of France's leading tech companies. This raise reinforces the company’s position as a key bridge between traditional finance and decentralized ecosystems.
Beyond the financial backing, these new strategic partners are committed to collaborating closely with Kaiko within a dedicated working group. The goal is to define future industry standards for valuation, trading, and capital allocation for tokenized markets. The joint involvement of foundations linked to the Canton and Stellar networks also demonstrates Kaiko's desire to cover the entire spectrum of tokenization, whether it be for public blockchains or permissioned, confidential financial environments.
This growth, further bolstered by the recent acquisitions of Cometh and Amberdata, confirms Kaiko's ambition to become the reference data layer for the institutionalization of digital assets. By aligning with institutional-grade standards and offering multi-network coverage, the company addresses a critical need for trust among global financial players. This strategic positioning could prove decisive in supporting the massive transition of real-world assets onto blockchain infrastructure, a movement now driven by the biggest names on Wall Street.