Kraken Secures $800 Million to Revolutionize Global Finance with Crypto and Traditional Assets
Kraken has raised $800 million in two funding rounds, achieving a $20 billion valuation backed by institutional heavyweights like Citadel Securities and Jane Street. The capital infusion will accelerate the exchange's global expansion and its push to bridge traditional finance with digital assets.
The first $600 million tranche drew participation from DRW Venture Capital, Tribe Capital, and Oppenheimer Alternative Investment Management. Citadel's subsequent $200 million strategic investment underscores growing institutional confidence in crypto's role in modern finance.
With $1.5 billion in revenue, Kraken plans to expand derivatives, tokenized assets, and payment infrastructure across Latin America, Asia, and EMEA markets. The funding positions the exchange to lead innovation in both crypto and traditional asset integration.
