Kaiko

In October 2014, Kaiko was founded in Paris as Challenger Deep SAS to provide institutional crypto market data; in 2016 Ambre Soubiran took control and became CEO.

In June 2021 and June 2022, Kaiko closed a $24M Series A and a $53M Series B led by Eight Roads, accelerating global expansion and building out its product suite.

In 2024, Kaiko acquired ESMA-regulated index administrator Vinter and co-published the S&P Kaiko Digital Asset Indices with S&P Dow Jones Indices, strengthening compliant data.

In 2026, Kaiko acquired Cometh and Amberdata and extended its Series B to $110M led by S&P Global; in February it partnered with Bloomberg to bring licensed data on-chain.

On June 2, 2026, Kaiko announced the acquisition of Amberdata, its fifth deal, two weeks after buying Cometh, an onchain data provider holding a MiCA CASP license, on May 20. The combined company serves 250 to 260 institutional clients across more than 200 exchanges, 20-plus blockchains and 20,000-plus assets, adding GVOL derivatives analytics and AI-driven market intelligence. In February it partnered with Bloomberg to bring licensed financial data into blockchain-native environments.

In May Kaiko's data flagged participants front-running Robinhood listing announcements; in June it published its Q2 exchange ranking, led by Crypto.com, Coinbase and Bitstamp, and reported in its State of the European Crypto Market that Bitvavo accounted for 44% of global EUR spot volume; it also joined Paris Europlace.

Kaiko's acquisitions are less about a bigger market-data library than about moving revenue from selling feeds to selling licences: Cometh's smart-contract capability lets licensed Bloomberg and S&P data travel into repo and collateral workflows on Canton as tokens, with the MiCA CASP licence treating that onchain data as a financial asset. No rule requires this, yet it is the precondition for data owners to release non-public prices. S&P Global's lead in the $110 million Series B extension, 260 institutional clients and BMR benchmark status underpin a story that stretches the addressable market from $2-3 trillion of crypto data to over $200 trillion of tokenised-asset pricing. Coin Metrics and Chainlink compete on public data; Kaiko's edge is compliant packaging of private data plus abuse surveillance.

Ambre Soubiran is CEO and chair of Kaiko. She studied financial mathematics at Paris-Dauphine, joined HSBC in equity derivatives pricing and trading structured instruments, then moved into data. She became CEO of Kaiko in 2017, turning exchange tick data, order books and reference prices into institutional-grade datasets.

Pascal Gauthier is a co-founder and now participates in governance as non-executive chair; he is simultaneously CEO of Ledger and was previously COO of the ad-tech company Criteo. Technology and engineering sit with Karamvir Singh as CTO; Elodie de Marchi-Chouard is COO covering delivery and client success; Bediss Cherif is chief business officer for exchange and asset manager accounts; Anne-Sophie Cissey is chief administrative officer and general counsel. Engineering and data sit under the CTO, sales and client success under the CBO, and legal and administration form a separate line.

In June 2026, Kaiko acquired Amberdata, a landmark consolidation in digital asset data. As part of this move, Tongtong Gong, co-founder and former COO of Amberdata, joined Kaiko as COO Emeritus. She brings over 9 years of experience building Amberdata into a leading provider of market data, derivatives analytics, and on-chain intelligence across 20+ blockchains. Her appointment strengthens Kaiko's leadership as it expands its regulated, independent data and analytics platform.

Kaiko holds EU Benchmark Regulation (BMR) authorization as a benchmark administrator and, through its 2026 acquisition of Cometh, a French AMF crypto-asset service provider (CASP) licence under the EU MiCA framework.