#Kraken Seeks $500M Funding at $15B Valuation Before 2026 IPO


KRKN is reportedly raising $500 million in new funding at a $15 billion valuation as the #crypto exchange prepares for a potential initial public offering in 2026.


The funding round represents a significant increase from Kraken's 2022 valuation of approximately $11 billion.


Kraken currently processes $1.37 billion in daily trading volume across more than 1,100 trading pairs.


The exchange secured a #MiCA license in Ireland, enabling expansion across the European Union market.


The SEC dropped its securities violation lawsuit against Kraken in March under the #Trump administration's crypto-friendly regulatory approach.


Kraken joins a growing list of crypto firms eyeing public listings, including #Ripple, Gemini, and Galaxy Digital, amid favorable regulatory conditions

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July 30, 2025 at 12:55 PM
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