MAJOR FINANCE FIRMS BACK CRYPTO DATA STARTUP KAIKO

Kaiko provides data and analytics for cryptocurrency markets. The investment from established financial institutions signals confidence in the firm's ability to serve institutional clients entering digital assets. Round-the-clock trading on blockchain networks requires new infrastructure beyond traditional market tools. Data providers like Kaiko offer firms real-time market information, analytics, and monitoring capabilities needed for continuous trading operations. DRW Holdings and Susquehanna are major players in quantitative trading and derivatives markets. Their participation suggests institutional traders view Kaiko's services as essential for competing in crypto markets. The funding also reflects broader institutional adoption of digital assets. As traditional finance firms develop crypto trading operations, demand increases for professional-grade data infrastructure comparable to equity and derivatives markets. Kaiko joins other crypto data platforms serving institutional clients. The sector has expanded significantly as major banks and trading firms establish digital-asset divisions.