TechFlow news — Cryptocurrency data provider Kaiko has announced a $53 million Series B funding round led by Eight Roads, with participation from French venture capital firms Revaia, Alven, Point Nine, Anthemis, and Underscore. The company’s valuation has tripled compared to its previous funding round, though exact figures were not disclosed.
Headquartered in Paris, Kaiko has been delivering crypto market data to major industry players since 2017, serving clients and partners such as Deutsche Boerse, ICE Global Network, Messari, and Paxos.
Kaiko is currently hiring for senior roles including a Chief Financial Officer and plans to use the funds to expand its teams across offices in London, Paris, Singapore, and New York.
Previously, Kaiko raised $24 million in a Series A round led by Anthemis and UnderscoreVC. (Bloomberg)
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