Kraken Reaches $20 Billion Valuation after Major Investment from Citadel Securities

Cryptocurrency exchange Kraken has secured a significant $200 million investment from Citadel Securities, boosting its valuation to $20 billion. This strategic injection underscores growing institutional confidence in the cryptocurrency market and signals Kraken’s ambitious growth plans. 💰 The funding will fuel Kraken’s expansion into new global markets, particularly Latin America, Asia Pacific, and EMEA regions. Kraken is also seeking to broaden its offerings beyond traditional crypto services. 🌎 🤝