Kraken Secures $200M from Citadel, Boosting Crypto Exchange
Update: 2025-11-19
Description
Kraken, a leading cryptocurrency exchange, secures a $200 million investment from Citadel Securities, valuing the company at $20 billion. This comes after a $600 million round in September, bringing Krakens total funding to $800 million. Citadels investment signals a growing interest from major financial institutions in digital assets. Kraken plans to use the funds for international expansion and new payment products, strengthening its position ahead of a planned public offering next year.
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