Kraken Raises $800 Million to Advance Strategic Roadmap at $20B Valuation

Kraken has announced an $800 million capital raise across two tranches to accelerate its strategy of bringing traditional financial products on-chain. The primary tranche was led by institutional investors, including Jane Street, DRW Venture Capital, HSG, Oppenheimer Alternative Investment Management, and Tribe Capital, along with a commitment from Kraken Co-CEO Arjun Sethi’s family office. An […] Read The Full Article Kraken Raises $800 Million to Advance Strategic Roadmap at $20B Valuation On Coin Edition.