Kraken’s valuation hits $20B after latest raise backed by $200M from Citadel Securities

Crypto NewsWednesday, November 19, 2025 at 3:47:57 AM
Kraken’s valuation hits $20B after latest raise backed by $200M from Citadel Securities
  • Kraken has raised $800 million in two funding rounds, boosting its valuation to $20 billion, with a significant contribution from Citadel Securities. This funding will support Kraken's expansion into on
  • This development is crucial as it positions Kraken to enhance its competitive edge in the cryptocurrency market, allowing for greater innovation and service offerings. The increased valuation reflects investor confidence and the growing demand for cryptocurrency services.
— via World Pulse Now AI Editorial System

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Kraken-linked SPAC files for $250m Nasdaq IPO
NeutralCryptocurrency
A special purpose acquisition company (SPAC) affiliated with the cryptocurrency exchange Kraken has filed for a $250 million initial public offering (IPO) on Nasdaq, as indicated in a registration statement submitted to U.S. regulators on January 12. This move marks a significant step for Kraken as it seeks to expand its presence in the public markets amidst a fluctuating cryptocurrency landscape.

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