Kaiko, the New York-based provider of market data and digital asset indices, commanded the week’s largest transaction. Led by S&P Global, the $110 million round saw participation from major financial players including BNP Paribas, Nasdaq, and the Royal Bank of Canada. This capital infusion arrives as these institutions seek reliable pricing and reference rates for their expanding crypto-related product suites, building on an existing partnership between Kaiko and S&P Dow Jones Indices.
In section Cryptocurrency
Crypto VC Funding Hits $180 Million as Institutional Interest Deepens
A surge in institutional capital defined the week of September 12–18, as nine crypto and blockchain companies secured $180.25 million in disclosed financing. The week’s primary driver was a $110 million round for Kaiko, highlighting a clear market shift toward regulated data infrastructure and stablecoin-integrated payment systems.
Beyond data, venture interest focused heavily on cross-border payment infrastructure and tokenized credit. Fin.com secured $20 million to scale its stablecoin-based settlement network, while Singapore’s dtcpay added $15 million to its Series A, backed by SBI Holdings. In the realm of decentralized finance, Tare closed a $13.25 million seed round led by Blockchain Capital to develop onchain credit origination tools, drawing support from industry figures like Aave founder Stani Kulechov. Similarly, Finloop and Velocity each raised $10 million, further signaling that investors are prioritizing platforms that bridge traditional finance with blockchain-based settlement.
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