Kraken to Raise $500 Million at a $15 Billion Valuation

Kraken is a leading global crypto exchange known for speed, transparency, and regulatory compliance. With 15+ million clients in over 190 countries, it supports 429 digital assets and over $200 billion in quarterly trading volume. Kraken conducts regular Proof-of-Reserves audits and offers 24/7 live support alongside robust account security.

The company is reportedly seeking to raise $500 million in a new funding round at a $15 billion valuation—setting the stage for a public listing anticipated in early 2026. Kraken also secured regulatory approval to expand across the European Union under the Markets in Crypto-Assets framework, providing another growth avenue as it prepares for public markets.

Kraken, headquartered in San Francisco, California, United States, was founded in 2011 by Jesse Powell, Michael Gronager, and Thanh Luu. In 2021, the company joined the unicorn club. From everyday investors to institutions, Kraken is building the infrastructure for a decentralized financial future — one trade at a time.

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