Kraken seeks $200-300 million funding that would value the crypto exchange at $20 billion

Crypto exchange Kraken is trying to raise more money that could make the company worth around $20 billion as it gets ready to go public. The funding isn’t done yet and depends on how the markets look, but it would bring in $200 million to $300 million from a big investor, according to someone who knows about the talks but didn’t want their name used.