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Kraken secures $200m from citadel securities, hitting a $20b valuation Prior to the two rounds, kraken raised only $27m in venture capital more The raise comes weeks after a $600m september round backed by major wall street and silicon valley funds
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Citadel’s investment marks a major shift as the market maker becomes more active in crypto trading and investing Kraken raised $200m at a $20b valuation, after raising $600m at a $15b valuation in sept. Crypto exchange kraken has raised $200m from citadel securities at a $20b valuation, deepening the wall street firm’s push into digital assets and bolstering the exchange ahead of a planned.
Kraken has raised $200m from citadel, boosting its valuation to $20b, following a $600m round
The move signifies growing interest in digital assets. According to fortune, us cryptocurrency exchange kraken has received a $200 million strategic investment from citadel securities, raising its valuation to $20 billion. Kraken, the crypto exchange that’s aiming to go public next year, said tuesday it raised a $200 million strategic investment from ken griffin’s citadel securities at a $20 billion valuation.