Kraken Secures $800M, Valued at $20B, for Global Expansion

Kraken, a leading cryptocurrency exchange, secures $800 million in funding, led by Jane Street and DRW Venture Capital, and $200 million from Citadel Securities. This investment values Kraken at $20 billion, reflecting strong confidence in the companys future. Kraken plans to expand globally, offer additional asset classes, and potentially go public in 2026.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.