$800 million raise
Kraken has secured an $800 million funding round, which includes a $200 million investment from Citadel Securities. This significant raise highlights Kraken’s ongoing growth and the confidence investors have in the cryptocurrency exchange. The funds are expected to support Kraken’s expansion efforts and enhance its product offerings. Citadel Securities’ involvement underscores the increasing interest from traditional financial institutions in the digital asset space. Kraken continues to position itself as a leading player in the evolving cryptocurrency market.
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