[Kraken-Supported SPAC Company KRAKacquisition Corp Completes $345 Million IPO and Lists on Nasdaq] BlockBeats News, January 30, according to The Block, the special purpose acquisition company (SPAC) KRAKacquisition Corp, supported by cryptocurrency exchange Kraken, has completed a $345 million initial public offering (IPO) and began trading on the Nasdaq Global Market on January 28 under the stock ticker KRAQU. KRAKacquisition Corp was jointly initiated by Kraken's affiliated company, Natural Capital, and Tribe Capital, with the purpose of seeking future mergers or acquisitions. The company stated that it has not yet identified specific targets nor engaged in substantive discussions with any potential transaction counterparties.