Cryptocurrency exchange Kraken has secured $800 million in new funding, propelling its valuation to $20 billion. The company’s growth is driven by a focus on bringing traditional financial instruments onto the blockchain platform. Kraken co-CEO Arjun Sethi highlighted this expansion: “Our focus has always been straightforward: to create a platform where anyone can trade any asset, anytime, anywhere.” This funding round came from a range of major institutional investors and private equity firms, including Jane Street, DRW Venture Capital, HSG, Oppenheimer Alternative Investment Management, and Tribe Capital. 200 million in additional investment also came from Citadel Securities.