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18/11/25 21:26 UTC-04

Crypto Exchange Kraken Valued at $20 Billion in Funding Round

Cryptocurrency exchange Kraken announced on Tuesday that it had raised $800 million in funding to accelerate the integration of traditional financial products into blockchain.

The main tranche of the financing was led by institutional investors, including Jane Street, DRW Venture Capital, HSG, Oppenheimer Alternative Investment Management, and Tribe Capital, with a significant contribution from Arjun Sethi’s family office. The company also secured an agreement for additional strategic investments of $200 million from Citadel Securities, valuing Kraken at $20 billion.

Founded in 2011, Kraken operates a regulated infrastructure spanning spot trading, derivatives, equities, tokenized assets, staking, and payments. The company generated $1.5 billion in revenue in 2024 and already surpassed that figure in the first three quarters of 2025.

“These investments demonstrate long-term confidence in Kraken’s mission to build a reliable, regulated infrastructure for an open financial system,” said Arjun Sethi, co-CEO of Kraken.
“Our goal has always been simple: to build a platform where anyone can trade any asset, anytime, anywhere.”

In recent months, Kraken expanded its multi-asset ecosystem by integrating U.S. futures trading through the acquisition of NinjaTrader, launching equities and tokenized equities trading, and introducing KRAK — a global app for payments, savings, and investments.

“We are pleased to support Kraken’s continued growth, which is helping shape the next chapter of digital innovation in the markets,” said Jim Esposito, President of Citadel Securities.
The partnership will include liquidity provision, risk-management expertise, and insights into market structure.

Prior to this funding round, Kraken had raised only $27 million in core equity. The company plans to use the new capital to scale global operations, strengthen its regulatory footprint, and expand its product suite through organic growth and targeted acquisitions.
Kraken will enter new markets in Latin America, the Asia-Pacific region, and EMEA, broadening its offerings beyond cryptocurrencies.

See also: "Crypto Market Loses $1.2 Trillion as Traders Flee"

#Kraken

Editor: Alyona Nabok
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