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Kraken secures $200m from citadel securities, hitting a $20b valuation Kraken is reportedly in advanced talks to raise between $200 million and $300 million from a strategic investor in a move that could value the crypto exchange at $20 billion ahead of a planned public listing, according to a bloomberg report on friday. The raise comes weeks after a $600m september round backed by major wall street and silicon valley funds

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Citadel’s investment marks a major shift as the market maker becomes more active in crypto trading and investing Prior to the two rounds, kraken raised only $27m in venture capital more Crypto exchange kraken has raised $200m from citadel securities at a $20b valuation, deepening the wall street firm’s push into digital assets and bolstering the exchange ahead of a planned.

Conclusion kraken's $20 billion valuation is a bold bet on its ability to bridge crypto and traditional finance, supported by strong revenue growth and strategic acquisitions

Cryptocurrency exchange kraken is in advanced discussions to raise fresh capital at a $20 billion valuation, following the completion a $500 million funding round at a $15 billion valuation, according to bloomberg news. Kraken raised $200m at a $20b valuation, after raising $600m at a $15b valuation in sept.