Kraken Raises $800 Million to Fuel Global Expansion at $20 Billion Valuation

Crypto exchange Kraken has secured a significant $800 million funding round, boosting its valuation to an impressive $20 billion. The investment was driven by Citadel Securities’ $200 million injection and a strategic partnership between the two entities. This deal follows recent growth trends in the digital asset trading platform space, as investors are confident in Kraken’s continued expansion plans.