Kaiko, a digital assets data provider, announced on Tuesday it raised €5 million through its latest seed funding round led by global financial services investors Anthemis Group and Point Nine Capital with participation from CoinShares.
Founded in 2014, Kaiko describes itself as a market data provider in the blockchain-based digital assets space, providing institutional investors and market participants with enterprise-grade data infrastructure. The company further explained that its full suite of data services is designed for enterprise-level clients who require both low-latency and high-availability access to clean trade and order book data. Kaiko also noted it is building the data infrastructure for a new asset class, enabling investors to make informed decisions across more than 80 exchanges.
While sharing more details about the company, Ambre Soubiran, CEO of Kaiko, stated:
“The role of data providers in cryptomarkets cannot be underestimated — the more informed investors are about the assets that they are trading, the more efficiently markets operate. We are delighted to have the support of Anthemis and Point Nine Capital. Their combined expertise in financial services and technology will help us strengthen our position as the leading data infrastructure provider in the blockchain arena.”
Soubiran went on to add:
“Institutional interest guides our development approach, and has led to our investment in products that are at the quality that traditional financial market participants expect.”