PANews reported on November 19th that, according to Fortune, US cryptocurrency exchange Kraken has secured a $200 million strategic investment from Citadel Securities, raising its valuation to $20 billion. This funding round follows its $600 million funding round in September, which valued the company at $15 billion. Investors included Jane Street, DRW, and Oppenheimer. Kraken plans to use the funds for global expansion, payment product development, and preparation for an IPO next year. Citadel founder Ken Griffin has historically maintained a cautious stance on the cryptocurrency market, and this move is seen as a key signal of a shift in his attitude towards digital assets.