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Crypto Exchange Kraken Raises $800 Million at a $20 Billion Valuation

Kraken, a leading cryptocurrency exchange, has successfully raised $800 million in funding, which includes a $200 million investment from Citadel Securities. This financing values the company at $20 billion. The funding aimed at supporting Kraken's expansion into international markets, including Latin America, Asia Pacific, and Europe, while also

Crypto Exchange Kraken Raises $800 Million at a $20 Billion Valuation

American cryptocurrency exchange Kraken has raised $800 million in funding, including a significant $200 million from Citadel Securities. This investment values Kraken at approximately $20 billion. The funding was achieved through two tranches, with major institutional players like Jane Street and Oppenheimer Alternative Investment Management contributing. Kraken aims to utilize

Crypto Exchange Kraken Raises $800 Million at a $20 Billion Valuation

American cryptocurrency exchange Kraken has successfully raised $800 million in funding, which includes a $200 million investment from Citadel Securities. This funding round values the company at $20 billion. The firm aims to use the new capital for global expansion into regions such as Latin America, Asia Pacific, and EMEA,