KAIKO: the French Bloomberg of cryptocurrencies
Kaiko is a Paris-based blockchain analytics company that provides data from over a hundred centralized and decentralized exchanges to its partners such as Deutsche Boerse, ICE Global Network.
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French crypto nugget Kaiko manages to pull its weight
Founded in 2014 in Paris, by Ambre Soubiran and Pascal Gauthier (CEO of Ledger), Kaiko is a company that provides data on crypto-financial markets to institutional investors.
Considered the "French Bloomberg of crypto-currencies," the startup provides its clients with meticulously organized, industry-standard data that meets global regulatory requirements. Through its innovative solutions, Kaiko provides access to historical and current data feeds of major centralized and decentralized crypto-currency exchanges.
What kind of data does Kaiko provide?
Kaiko's data infrastructure includes APIs (application programming interfaces) that allow developers to integrate market data into their applications, as well as a web-based dashboard that provides an interface to access and analyze market data. The data provided by Kaiko includes trade data, order book data and other relevant information on various cryptoassets and exchanges. Thus, Kaiko helps market participants make informed investment decisions and develop trading strategies.
La solution qui facilite la connectivité mondiale pour les acteurs du marché
Kaiko focuses primarily on two main business areas. The first is the management of real-time data on crypto-currency exchanges from around the world, both centralized and decentralized. By providing access to these data streams, Kaiko gives financial market participants valuable information to make informed decisions. In addition, Kaiko's data serves financial institutions, crypto-currency companies, traders, and investors who need accurate and reliable data to make informed decisions.
In addition to its real-time data services, Kaiko also offers proprietary products that help financial institutions and crypto-currency businesses with several activities:
In summary, Kaiko is a company that provides real-time market data on crypto currencies to financial institutions, as well as proprietary products.
In this way, the company makes a significant contribution to the growth and development of the crypto-currency industry by providing valuable data and information to its users. Among the clients of the French startup, we can mention customers such as CoinShares, Messari, Paxos and Ledger.
Kaiko Raises $53 Million in Series B
On June 28, 2022, startup Kaiko announced that it has raised $53M in Series B funding backed by 100% equity, while the market is in bear-market.
One year after its $24M Series A round, and an initial fundraising in September 2019 of $5M, the startup has successfully raised $53M in Series B! A Series B fundraise is often the second round of funding for a company. Series B investors invest in companies that have already proven their viability and have achieved a certain level of success. Series B investors seek to invest in companies that have a clear growth strategy and need capital to expand their market presence.
This round of funding is aimed at financing the internationalization of the start-up. "These new funds are intended to finance the hypergrowth phase we are entering," summarizes the executive and former HSBC executive in London. The funds will be used to develop new services and help Kaiko expand in North America and Asia.
Read more: Fundraising: each phase has its own financing method
