Kaiko, the leading provider of cryptocurrency market data, analytics, and indices, today announced a strategic investment from Uggla Family Office, the family office of Lance Uggla, Founder and CEO of IHS Markit, the pioneering financial information and services company that was acquired by S&P Global for $44 billion in 2022.
As Kaiko recently celebrated its 10-year anniversary, this strategic investment represents a pivotal moment for the company, drawing parallels from the transformative journey of IHS Markit.
Founded in 2003, Lance Uggla’s vision with Markit was to revolutionize financial markets by providing independent financial data, derivative pricing, trade processing, and customized technology platforms. The company’s core mission—to enhance corporate transparency, reduce financial risk, and improve operational economic efficiency—closely aligns with Kaiko’s vision of a robust financial data infrastructure in the blockchain ecosystem.
“Kaiko is a leading global market data provider that can seamlessly bridge traditional financial data with blockchain technologies,” said Ambre Soubiran, CEO of Kaiko, “the Uggla Family Office’s investment is more than financial support; it’s a validation of Kaiko’s strategic mission to deliver institutional-grade, regulatory-compliant solutions for the digital assets industry.”
Kaiko, established in 2014, has been at the forefront of cryptocurrency market data, offering businesses global connectivity to real-time and historical data feeds across the world’s leading exchanges, as well as quantitative analytics and regulatory-compliant benchmark rates and indices.
“It is with particular excitement that I see the investment by the Uggla Family Office in Kaiko to support its information-based mission, which is one I understand well,” said Lance Uggla, “the digital assets space requires the level of sophisticated data infrastructure and market intelligence that Kaiko offers to institutional market participants.”
Kaiko’s approach mirrors IHS Markit’s successful model of providing critical market infrastructure and data services to institutional participants.
Drawing inspiration from Lance’s successful growth model, Kaiko’s CEO Ambre Soubiran has driven a strategic M&A approach to accelerate market expansion in key segments. The recent acquisition of Vinter marks Kaiko’s third strategic acquisition, demonstrating the company’s commitment to calculated growth through targeted consolidation.
The investment comes at a pivotal time as Kaiko expands its global footprint. Ambre Soubiran’s relocation to Kaiko’s New York City office underscores the c
