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Kraken in Talks With Strategic Investor at $20 Billion Valuation

September 26, 2025 at 7:21 PM UTCUpdated on September 26, 2025 at 8:16 PM UTCKraken is in advanced talks to raise new funding that could value the crypto exchange at about $20 billion, as the company steps up capital-raising efforts ahead of a potential public listing.The funding, which is not yet finalized and remains subject to market conditions, would consist of a $200 million to $300 million commitment from a strategic investor, according to a person familiar with the discussions who decline...

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