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Kraken secures $200m from citadel securities, hitting a $20b valuation Cryptocurrency exchange kraken is in advanced discussions to raise fresh capital at a $20 billion valuation, following the completion a $500 million funding round at a $15 billion valuation, according to bloomberg news. The raise comes weeks after a $600m september round backed by major wall street and silicon valley funds.
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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. A strategic milestone or overreach Kraken has raised $200m from citadel, boosting its valuation to $20b, following a $600m round
The move signifies growing interest in digital assets.
Kraken raised $200m at a $20b valuation, after raising $600m at a $15b valuation in sept. Prior to the two rounds, kraken raised only $27m in venture capital more
