Kraken Raises $500 Million Pushing $15 Billion Valuation Ahead of IPO
Founded in 2011, crypto exchange Kraken has raised $500 million in its latest funding round, pushing its valuation to $15 billion. The company has long been preparing for an initial public offering (IPO), but the listing has now been postponed to 2026, Fortune reported. Despite the delay, the move cements Kraken’s position among the strongest crypto exchanges preparing to go public.