🚨 Kraken Secures $500M at $15B Valuation – IPO on the Horizon
Kraken has just raised $500 million in its latest funding round – pushing its total funding to over $527 million since 2011 and setting the stage for a potential IPO in 2026.
📊 This milestone reflects more than just capital:
✅ Backed by Tribe Capital and co-CEO Arjun Sethi (who personally invested)
✅ $411M in revenue recorded in Q2 2024 alone
✅ Recent acquisitions, including trading firm Breakout for prop trading and NinjaTrader for $1.5B, expanding its retail and institutional offerings
✅ Strategic move into tokenized equities (xStocks) to rival Coinbase & Robinhood
Kraken’s leadership is also doubling down on policy advocacy, pledging $1 million to the Digital Freedom Fund PAC and increasing its 2025 contribution to America First Digital.
💡 With a diversified product lineup, bold acquisitions, and a growing valuation, Kraken is positioning itself as one of crypto’s most ambitious players ahead of its IPO.
https://coingape.com/kraken-secures-500m-at-15b-valuation-eyes-ipo-in-2026/?utm_source=coingape&utm_medium=linkedin