Kraken's valuation hits $20 billion following Citadel 'strategic investment' as exchange pushes toward IPO

AiCoin
AiCoin|Nov 18, 2025 22:34
Kraken has raised $800 million across two different tranches, putting its valuation at $20 billion, the company said Tuesday.The company generated approximately $40.5 billion in trading volume in October, The Block’s data shows.
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