Kraken seeks $10B+ valuation in new funding round: Report
Kraken is reportedly in talks with top investment firms including Fidelity and Tribe Capital for a fundraising round that could value the company at $10 billion or more. Major U.S.-based crypto exchange Kraken is reportedly in talks for a new funding round that could double the company’s valuation to $10 billion, or more.The raise was reported by Bloomberg, who cited anonymous sources claiming Kraken is in discussions with top investors including, Fidelity, Tribe Capital, and General Atlantic.One of the sources estimated Kraken’s valuation could soar as high as $20B billion depending on....
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