Kraken reels in a massive $200M.
By Maxime Laurent · 2025-11-20 07:31
Kraken reels in a massive $200M.
The exchange raises big money as it sails toward a 2026 IPO.
Woke up to this news with the smell of fresh croissants in the air, and mon gars, this one feels big. Kraken reportedly secured $200M from Citadel Securities — part of a total $800M raised across its last two rounds — pushing its valuation to a clean $20B.
From my sunny corner here in the south, it’s wild to watch how the old-school giants of finance keep dipping deeper into crypto waters. Citadel isn’t exactly known for sentimental bets; when they move, they move with precision. So seeing them back Kraken? That says a lot about where the tides are shifting.
With an IPO planned for 2026, the exchange feels like a veteran finally stepping onto the world stage. I’ve been using Kraken since the early days — back when markets felt like the Wild West — so watching them level up like this hits with a bit of nostalgia and a bit of pride.
If the IPO lands well, it could be one of those moments that nudges more traditional investors closer to $BTC, $ETH, and the whole ecosystem. Big currents ahead, mes amis. 🌊🦑
#Kraken #CryptoFriture #CryptoNews #IPO #Citadel #BTC #ETHMerge
The exchange raises big money as it sails toward a 2026 IPO.
Woke up to this news with the smell of fresh croissants in the air, and mon gars, this one feels big. Kraken reportedly secured $200M from Citadel Securities — part of a total $800M raised across its last two rounds — pushing its valuation to a clean $20B.
From my sunny corner here in the south, it’s wild to watch how the old-school giants of finance keep dipping deeper into crypto waters. Citadel isn’t exactly known for sentimental bets; when they move, they move with precision. So seeing them back Kraken? That says a lot about where the tides are shifting.
With an IPO planned for 2026, the exchange feels like a veteran finally stepping onto the world stage. I’ve been using Kraken since the early days — back when markets felt like the Wild West — so watching them level up like this hits with a bit of nostalgia and a bit of pride.
If the IPO lands well, it could be one of those moments that nudges more traditional investors closer to $BTC, $ETH, and the whole ecosystem. Big currents ahead, mes amis. 🌊🦑
#Kraken #CryptoFriture #CryptoNews #IPO #Citadel #BTC #ETHMerge
Disclaimer: This content is for informational purposes only and not financial advice.