Aublé & Associés advised growth equity fund Revaia, an investor in the $53 million Series B funding round of Kaiko, a French start-up that provides cryptocurrency market data to a wide range of institutional and corporate clients.
Founded in 2014, Kaiko is the leading provider of crypto-currency market data for institutional and corporate investors. Kaiko's goal is to be the foundation of the new digital finance economy by serving as a single source of market information.
This $53 million Series B funding round from Eight Roads, Revaia, Alven, Point9, Anthemis and Underscore will enable the startup to strengthen its products and institutional data infrastructure internationally. Indeed, the company already has offices in Paris, London, New York and Singapore, allowing it to adapt its products to the specific needs of these local markets.
" The blockchain industry has seen tremendous institutional interest and with it, the need for high-quality data has never been greater. By 2023, the startup is expected to solidify its position as an industry leader in institutional data solutions, serving as a critical bridge between centralized and decentralized financial markets," explains Ambre Soubiran, CEO of Kaiko.
With their ambitious product roadmap, Kaiko anticipates the strategic direction of an increasingly sophisticated industry.
Stakeholders on the operation
- Advice Revaia : Aublé & Associés
- Kaiko Tips : Orrick
- Eigts Roads advice : Gide
