Crypto data company Kaiko raises €5 million in seed round

In the coming year, Kaiko plans to expand its team and further develop its infrastructure into new low latency data products

Kaiko

Kaiko, a market data provider in the blockchain-based digital assets space, today announced it has raised €5 million in a seed round.

The round was led by global financial services investors Anthemis Group and Point Nine Capital.

With this new round of financing, the team will continue to build and develop its data infrastructure.

Kaiko collects, normalizes, stores, and distributes digital assets market data via a live stream WebSocket, REST API, and cloud-based flat-file Data Feed, to which clients connect to build data-driven applications. Kaiko’s raw trade data, order books, and aggregates cover 10,000+ currency pairs across 80+ exchanges, with new markets added every day.

“We are delighted to have raised a total of €5 million in seed funding, led by global financial services investors Anthemis Group 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.”

“In addition, we are grateful to CoinShares, ConsenSys and Olymp Capital who joined the round. A number of experienced business angels also joined including: Dominique Reiniche and Christophe Chausson. The entire Kaiko team is excited for this next chapter in our development and growth. We strive to continually improve our data services and product offerings, so that we can ultimately improve the legitimacy, professionalism, and respectability of digital asset markets.”
– Kaiko CEO, Ambre Soubiran

Back in 2014, Pascal Gauthier, current CEO at Ledger, founded Kaiko with a single mission: to provide data for crypto markets participants. Kaiko shares its name with the submarine probe that traveled to the deepest point of the Marianna Trenches, bringing to the surface troves of data that influenced research for years.

Exit mobile version