Kaiko raised $24 million in Series A funding backed by Anthemis and Underscore VC .

Kaiko, a Paris, France-based cryptocurrency market data provider, announced that it raised $24 million in Series A funding.

The money was raised from investors led by global financial services investors Anthemis and Underscore VC, which were joined by Point Nine, Alven and Hashkey Capital.

Sean Park, Anthemis founder, will be joining Kaiko’s board together with Underscore VC’s founder, Richard Dulude.

The proceeds will be used for hiring people in the areas of product, institutional sales, business development, and engineering and support expansion into North American and Asian markets.

Kaiko, founded in 2014 by CEO Ambre Soubiran, developed a digital platform providing digital asset market data for investors and enterprises, and serving as a single source for consolidated financial market information. The company collects, normalizes, stores and distributes digital assets data via a live stream websocket, and cloud-based data feed, to which market participants can connect to build data-driven applications.

Customers include CoinShares, Messari, Paxos, Ledger, and Compass Financial Technologies - the company also partners with traditional financial platforms S&P Capital IQ, Dow Jones Factiva, Refinitiv, and Factset to distribute original research and data.