Kraken is moving closer to a $20 billion valuation by seeking to raise $200-$300 million from a strategic investor as part of a pre-IPO funding round. Following a previous $500 million raise at $15 billion valuation, the San Francisco-based crypto exchange is expanding aggressively, acquiring NinjaTrader and reshaping its leadership. With $1.5 billion in revenue reported for 2024 and active political engagement through significant PAC donations, Kraken is positioning itself alongside other major crypto firms preparing to enter public markets in 2025 and 2026.
Continue to read Kraken Targets $20 Billion Valuation in Strategic Pre-IPO Funding Ahead of 2026 Public Listing
Kraken is moving closer to a $20 billion valuation by seeking to raise $200-$300 million from a strategic investor as part of a pre-IPO funding round. Following a previous $500 million raise at $15 billion valuation, the San Francisco-based crypto exchange is expanding aggressively, acquiring NinjaTrader and reshaping its leadership. With $1.5 billion in revenue reported for 2024 and active political engagement through significant PAC donations, Kraken is positioning itself alongside other major crypto firms preparing to enter public markets in 2025 and 2026.
Continue to read Kraken Targets $20 Billion Valuation in Strategic Pre-IPO Funding Ahead of 2026 Public Listing
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