Kaiko, the Paris-based blockchain analytics company, raised $53 million in a Series B funding round, it said in a press release Tuesday.
-
The funding comes in a bear market that has seen bitcoin lose over half its value this year. The round tripled the firms’ valuation, according to Bloomberg. A Kaiko representative confirmed the Bloomberg report to CoinDesk via email.
-
The round was led by early Alibaba backer Eight Roads. growth equity investment fund Revaia, French venture capital (VC) firm Alven, Berlin-based VC Point9, fintech investment firm Anthemis and VC Underscore.
-
The Paris-based firm offers institutions such as Deutsche Borse data from over 100 centralized and decentralized exchanges, including historic information dating back over 10 years.
Read more: Institutional DeFi Enabler? Data Firm Kaiko Probes DEX Liquidity With New Product
Read more about
FundingFunding RoundsFranceData
BTC$21,125.40
1.40%
ETH$1,225.15
0.28%
BNB$238.79
0.42%
XRP$0.350393
3.73%
SOL$39.06
4.54%
View All Prices
Sign up for The Node, our daily newsletter bringing you the biggest crypto news and ideas.