October 2025 – S&P Global, a leading provider of financial data and analytics, has announced the acquisition of With Intelligence, a firm specializing in private market data and research, for $1.8 billion. This move is aimed at strengthening S&P Global’s offerings in the rapidly growing sector of private and alternative investments, including crypto-related assets.
With Intelligence serves approximately 3,000 clients worldwide, delivering insights into private equity, venture capital, real estate, and other alternative markets. By integrating With Intelligence’s data and analytics capabilities, S&P Global aims to provide institutional and retail investors with enhanced tools for evaluating opportunities in both traditional and emerging digital asset markets.
The acquisition reflects the increasing demand for reliable data in private and alternative investment sectors, particularly as cryptocurrencies, tokenized assets, and blockchain-based investment vehicles gain traction among institutional investors. Analysts note that access to high-quality research and analytics is becoming critical for navigating these complex markets.
S&P Global plans to leverage With Intelligence’s expertise to offer deeper insights into private market trends, valuations, and risk assessment, helping investors make informed decisions in an environment where both traditional and digital assets coexist. This strategic expansion positions S&P Global as a key player in the convergence of traditional finance and digital asset investment, providing a bridge for investors exploring crypto opportunities within broader private market portfolios.
