Kaiko

Kaiko is a Paris-based provider of cryptocurrency market data, analytics, and index services, founded in 2014.

Reviewed by 7wData

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Profile

Kaiko sells institutional-grade cryptocurrency market data, analytics, and index products to financial firms and regulators.

Kaiko is a Paris-based provider of cryptocurrency market data, analytics, and index services, founded in 2014. The company supplies institutional clients—including exchanges, custodians, asset managers, and regulators—with historical and real-time data feeds, reference rates, and compliance tools. Its product line spans Level 1 and Level 2 order-book data, fair-market-value pricing, derivatives risk indicators, blockchain monitoring, and a suite of indices that are EU Benchmarks Regulation (BMR) compliant.

Kaiko also offers a best-execution pricing solution and a portfolio and risk management module. The company is SOC 2 Type II certified. Its website lists logos of clients such as Deutsche Börse, Cboe, Gemini, Binance, Paxos, Ledger, Flow Traders, Messari, and Bitstamp (by Robinhood).

Kaiko has not publicly disclosed its own revenue or funding rounds, and the research dossier contains no independent reporting on its financial performance, headcount, or valuation. The most recent news in the dossier is a set of client logos dated May 2026 on the company's homepage. The dossier also includes several unrelated earnings reports (Oracle, Analog Devices, Coca-Cola) that do not mention Kaiko, and a TechCrunch article about unicorns that does not list Kaiko.

A YouTube video titled "Where VCs are placing their bets in 2026" from TechCrunch Disrupt 2025 does not mention Kaiko. The company's strategic position appears stable but opaque: it has not announced any funding rounds, acquisitions, or leadership changes in the public record within the past year. Its reliance on the crypto market exposes it to regulatory shifts and exchange consolidation, while its lack of disclosed financials makes independent assessment of its growth or profitability impossible.

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Products by Kaiko

Who buys this

  • Crypto exchanges and trading platforms
  • Asset managers and hedge funds
  • Custodians and banks
  • Regulators and market surveillance bodies
  • ETF issuers and index providers

Publicly disclosed clients

  • Deutsche Börse
  • Cboe
  • Gemini
  • Binance
  • Paxos
  • Ledger
  • Flow Traders
  • Messari
  • Bitstamp (by Robinhood)

Strengths and what to watch

Strengths

  • SOC 2 Type II certified and EU BMR-compliant, meeting regulatory requirements for institutional clients.
  • Offers a broad product range covering data feeds, analytics, indices, and blockchain monitoring, reducing the need for multiple vendors.
  • Client list includes major exchanges and financial infrastructure firms, indicating established trust in the crypto data market.

Watch for

  • No public financial disclosures or funding announcements since at least 2025, making it difficult to assess growth or stability.
  • Heavy reliance on the cryptocurrency sector, which is subject to regulatory crackdowns and market volatility.
  • Competition from larger data providers like CoinMarketCap (Binance), CoinGecko, and traditional market data vendors entering crypto.

Key Information

Industry
Financial & Market Data
Founded
2014
Headquarters
Paris, France

Frequently Asked Questions

What is Kaiko and what does it do?

Kaiko is a Paris-based company founded in 2014 that sells institutional-grade cryptocurrency market data, analytics, and index products. It serves financial firms and regulators with real-time and historical data feeds, reference rates, and compliance tools.

What products does Kaiko offer for crypto market data?

Kaiko provides Level 1 and Level 2 order-book data, fair-market-value pricing, derivatives risk indicators, blockchain monitoring, and a suite of indices. It also offers a best-execution pricing solution and a portfolio and risk management module for institutional clients.

Who are Kaiko's main clients?

Kaiko's notable clients include Deutsche Börse, Cboe, Gemini, Binance, Paxos, Ledger, Flow Traders, Messari, and Bitstamp (by Robinhood). Its customer segments span crypto exchanges, asset managers, custodians, regulators, and ETF issuers.

Is Kaiko SOC 2 certified and EU BMR compliant?

Yes, Kaiko is SOC 2 Type II certified and its index suite is EU Benchmarks Regulation (BMR) compliant. These certifications help meet regulatory requirements for institutional clients, ensuring data integrity and adherence to European benchmarks standards.

What are the risks associated with Kaiko as a data provider?

Kaiko has not publicly disclosed its revenue, funding, or financial performance, making independent growth assessment difficult. Its heavy reliance on the cryptocurrency sector exposes it to regulatory shifts and market volatility, and it faces competition from larger providers.

How does Kaiko compare to other crypto data providers?

Kaiko competes with larger data providers like CoinMarketCap (Binance), CoinGecko, and traditional market data vendors entering crypto. Its strengths include SOC 2 certification, EU BMR compliance, and a broad product range, but its lack of disclosed financials is a watch factor.

Sources

  1. www.kaiko.com — Product descriptions, client logos, SOC 2 and EU BMR compliance claims.
  2. www.kaiko.com — Reference data feed product details.
  3. www.kaiko.com — Level 1 and Level 2 data feed product details.
  4. www.kaiko.com — Best execution pricing product details.
  5. www.kaiko.com — Fair market value pricing product details.
  6. www.kaiko.com — Portfolio and risk management product details.
  7. www.kaiko.com — Derivatives risk indicators product details.
  8. www.kaiko.com — Market Surveyor monitoring solution details.
  9. www.kaiko.com — Market Explorer monitoring solution details.
  10. www.kaiko.com — Blockchain monitoring solution details.
  11. www.kaiko.com — Index product overview.
  12. www.kaiko.com — Reference rates index product details.
  13. www.kaiko.com — Multi-asset index product details.
  14. www.kaiko.com — Calculation agent services details.
  15. www.kaiko.com — SOC 2 Type II certification and EU BMR compliance claims.