Bloomberg reports Kraken aims to secure $100 million in final funding by year-end for a 2025 IPO, seeking a marquee company to join its board. Earlier rumors suggested a $10 billion valuation, with co-founder Jesse Powell hinting at a 2022 IPO. Kraken, currently embroiled in an SEC lawsuit, remains focused on crypto adoption despite legal challenges.
Kraken looking to raise $100 million in preparation for 2025 IPO
by Crypto Oasis | Jun 7, 2024 | Industrial | 0 comments