According to CoinDesk, citing insiders, Kraken's parent company Payward is seeking a new round of funding at a $20 billion valuation in preparation for a potential IPO. Recently, Payward has accelerated its acquisition efforts, including a $600 million purchase of stablecoin payment company Reap and a $550 million acquisition of digital asset derivatives platform Bitnomial. Kraken Co-CEO Arjun Sethi stated last week that the company is 'about 80% ready for listing.' https://(wublock123.com)/news/news-60882