Crypto data firm Kaiko raises $110 million in an extended funding round led by S&P Global. The round extends Kaiko’s Series B, with multiple financial firms participating. The funding is intended to support Kaiko’s expansion of its crypto market data offerings.

The outlets describe a broad mix of investors spanning traditional finance and crypto-native operators. The Block and CoinDesk report that S&P Global joins other backers, including BNP Paribas and exchange- or trading-linked venture arms. Channel NewsAsia similarly frames the deal as an S&P Global-led investment round. Each source highlights the number and variety of participating firms, reflecting a shift toward more institutional involvement in crypto infrastructure.

While the core terms and amount are consistent across coverage, the emphasis differs: some outlets focus on S&P Global’s role as a strategic lead, while others underscore the participation of banks and trading/exchange-related investors and Kaiko’s move toward continuous or expanded market data services. No source attributes specific valuation or deal timing beyond the $110 million extension.