Kraken Secures $500 Million In Latest Funding Round, Boosting Valuation To $15B
PositiveCryptocurrency

Kraken, the US-based cryptocurrency exchange, has successfully raised $500 million in its latest funding round, bringing its valuation to an impressive $15 billion. This achievement is particularly significant as it positions the company favorably ahead of its anticipated initial public offering (IPO) next year. The funding not only reflects investor confidence in Kraken's growth potential but also highlights the increasing interest in the cryptocurrency market, making it a pivotal moment for both the company and the industry.
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