Kraken Completes $500 Million Funding, Valuing $15 Billion

PANews reported on September 26th that cryptocurrency exchange Kraken has completed a $ 500 million funding round this month, according to Fortune . The latest valuation is $ 15 billion. The funding round, which had no lead investor and was set by Kraken itself, included Tribe Capital and its co- CEO Arjun Sethi .

Kraken acquired NinjaTrader for $ 1.5 billion this year, adding 2 million users. This funding round prepares Kraken for an IPO , which is planned for 2026. Kraken primarily serves professional and institutional clients and recently launched products such as xStocks , promoting the integration of traditional finance and crypto assets.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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