Kraken Secures $200 Million Investment Boosting Its Value to $20 Billion

Cryptocurrency exchange Kraken has received a significant investment of $200 million, significantly increasing its valuation to $20 billion. This strategic funding from Citadel will bolster Kraken’s growth and expansion efforts in the dynamic cryptocurrency market. The investment aims to enhance service offerings and infrastructure to better meet the evolving demands of both existing and new users.