Crypto Data Provider Kaiko Gets $53M to Enhance Product Suite
— Venture, Disclosed, Digital asset space, Heavily contested crypto data analytics arena, Money valuation — 1 min read
Kaiko said it has raised tens of millions in a Series B funding round in a bid to strengthen its infrastructure and product offerings. London-based Eight Roads led the $53 million investment round with participation from growth-equity investment fund Revaia. Kaiko’s funding comes as the crypto downturn begins to chill venture capital flows. The firm currently has offices in Paris, London, New York and Singapore; its clients include ICE Global Network, Deutsche Borse, Oanda, Bloomberg and some of the largest asset managers and investment banks across North America and Europe. The valuation stemming from the latest round was not disclosed; it follows a previous $26 million Series A funding round with a post-money valuation of $93.6 million. Source