Amid Crypto Gloom, Data Provider Kaiko Raises $53 Million

Amid bearish market sentiments, crypto data provider Kaiko announced on Tuesday it has raised $53 million in a Series B funding round to further consolidate its position globally and strengthen its institutional data products and infrastructure.

The round was led by Eight Roads, with participation from Revaia and existing investors Alven, Point9, Anthemis and Underscore.

“The blockchain industry has experienced tremendous institutional interest and with it, the need for high-quality data has never been greater. Over the …

Full story available on Benzinga.com

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