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#Wall_Street isn’t buying a token this time. It’s buying the measuring tape. #Crypto-data firm #Kaiko raised $110M, led by $S&P Global, with $Nasdaq, $BNP Paribas, $RBC, $Bpifrance and Susquehanna joining. Kaiko already tracks 150+ exchanges and protocols. The signal: institutions are spending real money on the infrastructure needed to price tokenized markets not just speculate on them.