Kaiko, a crypto market data provider, announced a $53 million Series B funding round today.
The funding round was led by early Alibaba-backer Eight Roads with participation from Revaia, Alven, Point9, Anthemis, and Underscore.
With this latest raise, the firm’s valuation has tripled since its $23 million Series A raise in June 2021.
Kaiko raises $53 Million in latest round of Series B funding
The funding will enable Kaiko to further consolidate its position as the global industry reference for centralised and decentralised digital assets data services.
Read the story, here - https://t.co/VmvYcgyDQy pic.twitter.com/AnSPtj7aBs
— Kaiko (@KaikoData) June 28, 2022
“With the growing institutional participation in digital assets, access to reliable, transparent, and regulatory-compliant market information has never been of greater importance,” read the announcement from Kaiko.
Decrypt has contacted Kaiko about the latest raise.
Kaiko’s CEO Ambre Soubiran described the past two months as a...
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https://decrypt.co/103964/crypto-data-firm-kaiko-raises-53m-defying-bear-market
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