Kraken Eyes $500M Funding Round at $15B Valuation as IPO Plans Take Shape
July 30, 2025 · 9:21 AM
Cryptocurrency exchange Kraken is seeking $500 million in new funding at a $15 billion valuation, up from its previous $11 billion valuation in 2022. This funding round is part of Kraken's preparations for a potential IPO as early as Q1 2026. Under co-CEO Arjun Sethi, the company reported $1.5 billion in revenue last year and processes about $1.37 billion in daily trading volume.
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