Exchanges· ★★★· bullish·

S&P Global leads $110 million investment in Kaiko

  • —S&P Global led a $110 million strategic investment in Kaiko
  • —The round extends the crypto data provider's Series B funding
  • —Proceeds target data services for tokenized markets
  • —The deal signals growing tradfi interest in crypto infrastructure
Why it matters: A major tradfi name backing crypto data infrastructure points to rising institutional demand for tokenized-market tooling.
Source: Coinfomania