The sudden drop in prices of crypto-assets in the space, mainly invested by institutional players, makes it more necessary than ever to have detailed, reliable and complete data on these markets. This is exactly what the French company Kaiko, which has just raised $53 million, offers. This round, led by the Eight Roads Fund, with Revaia and historical investors (Alven, Point9, Anthemis and Underscore), comes one year after the previous round of €20 million.
Meanwhile, its valuation has tripled, the company said, while remaining tight-lipped about the figure. Kaiko collects and processes raw financial data (such as buy or sell orders) from nearly a hundred markets, whether centralized (Coinbase, Kraken, Binance, Gemini, etc.) or decentralized (Uniswap). From there, it creates sophisticated data products that it sells to investors on a subscription basis, mostly…
Source: Le Figaro
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