Cryptocurrency exchange Kraken has announced a massive $800 million funding raise, valuing the company at a staggering $20 billion. The capital infusion is earmarked to accelerate the company’s core mission: bringing traditional financial markets onto blockchain infrastructure and driving global expansion. The funding was split into two tranches. The main investment round was led by a powerful group of institutional investors, including Jane Street, DRW Venture Capital, HSG, Oppenheimer Alternative Investment Management, and Tribe Capital. A significant follow-on investment of $200 million came from market-making powerhouse Citadel Securities, cementing a…
Crypto Exchange Kraken Raises $800M at $20 Billion Valuation – SuperCryptoNews
