#Kraken in $20B Buyout Talks — Exchange Tokens Pump
#Bloomberg says Kraken may sell for $20B, with $200–$300M in new equity. That’s a $5B jump from its 2023 valuation, showing Wall Street now treats top exchanges as core infrastructure.
🔥 Sector reaction (+0.77% ) although the total crypto market is down by 0.46%
$BNB +1.06% → $969
Other crypto exchanges token faced minor downturn compared to the whole market
Analysts say a deal could spark index upgrades + fresh passive fund flow #MarketPullback #CryptoExchanges #Write2Earn