Kraken bags $800M for expansion plans at $20B valuation
Crypto exchange Kraken has raised $800 million across two funding rounds, which boosted its valuation to $20 billion.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Crypto exchange Kraken has raised $800 million across two funding rounds, which boosted its valuation to $20 billion.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Nairobi Securities Exchange Teams With Tether to Test USDT Settlement Across $26.4B Market
The Nairobi Securities Exchange and Tether signed a memorandum of understanding to advance digital asset adoption, blockchain infr...
Binance.US plans CFTC application in prediction market expansion
Binance.US plans to apply for a CFTC designated contract market license next month as it expands into prediction markets and deriv...
Kraken Cyprus honored at the 14th Invest Cyprus International Investment Awards
TL;DR Kraken Cyprus was one of seven international companies honored at the 14th Invest Cyprus International Investment Awards. Al...
TradFi Perpetuals Outpace Spot RWAs Eightfold on Crypto Exchanges
Trading in traditional financial assets is expanding across the crypto exchanges tracked by CoinGecko, but most activity is not ta...
Hyperscale Data sits on $71 million in Bitcoin with a $56 million market cap – Here is why its not a bargain
The market values Hyperscale Data’s common equity below its disclosed Bitcoin holdings. Whether that gap belongs to common shareho...
SBI Targets $6T On-Chain Finance Market With Canton Network Expansion and New Digital Unit
Key Takeaways: SBI Holdings has changed the name of its company SBI Security Solutions to SBI Digital Practice to favour on-chain...