Kraken has successfully raised $500 million in a recent funding round, elevating its valuation to $15 billion. The cryptocurrency exchange plans to utilize the capital to drive expansion, enhance product innovation, and recruit new talent. Kraken is also setting its sights on a potential initial public offering (IPO) by 2026, marking a significant step in its growth strategy.
Kraken Raises $500 Million, Valuation Hits $15 Billion
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