Why are traditional finance players rushing to invest in a cryptocurrency data company? Kaiko’s Series B round is topped up to $110 million
S&P Global leads Kaiko’s Series B extension, bringing the total funding to $110 million. BNP, Nasdaq, and Coinbase all joined as well.
According to The Block, rating giant S&P Global led the Series B extension round of crypto data company Kaiko, pushing total funding to $110 million. The list of co-investors is equally impressive: BNP Paribas, Nasdaq Ventures, Royal Bank of Canada, Coinbase Ventures, and DRW—top-tier players from both traditional finance and crypto.
Simply put: Wall Street isn’t putting money into buying coins; it’s buying “the eyes that can see this market clearly.” Kaiko provides exchange-level data services, and before traditional institutions move in, the first thing they do is purchase the data infrastructure.
One-sentence translation: institutions aren’t betting on coin prices—they’re laying the groundwork for the long term.
Impact on the market
- Short term: a sentiment-positive boost, but it won’t directly pump the market. BTC is still ranging near $77,843.77. This kind of news is more like “confirmation at the base layer” rather than a catalyst 📊
- Medium term: this is the key. S&P’s lead suggests compliant data pipelines are accelerating into the traditional financial system. As the regulatory narrative softens, the final mile for institutional entry is being connected.
My take
I’m moderately bullish, but I’m looking at the medium term—not tonight. As long as BTC holds the $77,843.77 level, the market remains in a strong consolidation. ETH’s performance at $2,501.33 is relatively weaker and is the main drag. The value of this kind of financing news will only be realized when the next wave of market action starts. In a real bull market, data infrastructure is an institutional necessity. If I’m wrong, go easy on me—I treat it as a “slow variable” and don’t expect it to save a short-term trade.
- Coin(s): BTC / ETH
- Direction: Bullish 📈 Predicting a rise
- Duration: BTC 12 hours / ETH 24 hours
$BTC $ETH #BTC #ETH
📊 Historical backtest
- After a similar release, “Strategic Bitcoin acquisition: a bold $45.6 million investment” (2025-11-04), BTC’s 12h return was -2.23%, with a bullish prediction ❌ incorrect
⚠️ Not investment advice
S&P Global leads Kaiko’s Series B extension, bringing the total funding to $110 million. BNP, Nasdaq, and Coinbase all joined as well.
According to The Block, rating giant S&P Global led the Series B extension round of crypto data company Kaiko, pushing total funding to $110 million. The list of co-investors is equally impressive: BNP Paribas, Nasdaq Ventures, Royal Bank of Canada, Coinbase Ventures, and DRW—top-tier players from both traditional finance and crypto.
Simply put: Wall Street isn’t putting money into buying coins; it’s buying “the eyes that can see this market clearly.” Kaiko provides exchange-level data services, and before traditional institutions move in, the first thing they do is purchase the data infrastructure.
One-sentence translation: institutions aren’t betting on coin prices—they’re laying the groundwork for the long term.
Impact on the market
- Short term: a sentiment-positive boost, but it won’t directly pump the market. BTC is still ranging near $77,843.77. This kind of news is more like “confirmation at the base layer” rather than a catalyst 📊
- Medium term: this is the key. S&P’s lead suggests compliant data pipelines are accelerating into the traditional financial system. As the regulatory narrative softens, the final mile for institutional entry is being connected.
My take
I’m moderately bullish, but I’m looking at the medium term—not tonight. As long as BTC holds the $77,843.77 level, the market remains in a strong consolidation. ETH’s performance at $2,501.33 is relatively weaker and is the main drag. The value of this kind of financing news will only be realized when the next wave of market action starts. In a real bull market, data infrastructure is an institutional necessity. If I’m wrong, go easy on me—I treat it as a “slow variable” and don’t expect it to save a short-term trade.
- Coin(s): BTC / ETH
- Direction: Bullish 📈 Predicting a rise
- Duration: BTC 12 hours / ETH 24 hours
$BTC $ETH #BTC #ETH
📊 Historical backtest
- After a similar release, “Strategic Bitcoin acquisition: a bold $45.6 million investment” (2025-11-04), BTC’s 12h return was -2.23%, with a bullish prediction ❌ incorrect
⚠️ Not investment advice
