[Kraken-Linked SPAC Seeks Potential Acquisition Target, Target Company Valuation May Approach $2 Billion] According to Golden Finance, on March 14, the special purpose acquisition company (SPAC) KRAKacquisition Corp., affiliated with the cryptocurrency exchange Kraken, announced that it has initiated the search for potential acquisition targets. The valuation of the target company could reach as high as $10 billion, with the goal of integrating the operations of a small to mid-cap company with this cryptocurrency exchange. Amid this acquisition effort, Kraken is also considering its own initial public offering (IPO).