Kraken Secures $800M Funding, Valued at $20 Billion with $200M from Citadel
Kraken Secures $800M Funding, Valued at $20 Billion with $200M from Citadel
Crypto exchange Kraken has raised $800 million in a major funding round led by top-tier institutional investors—including Jane Street, DRW Venture Capital, Tribe Capital, and notably $200 million from Citadel Securities—bringing Kraken’s valuation to a whopping $20 billion.
The funding boost is expected to supercharge Kraken’s expansion into new markets (Latin America, Asia-Pacific, EMEA) and fuel its roadmap for payments, tokenized assets, and advanced trading tools. Bitcoin Insider
Kraken’s business isn’t just about crypto trading anymore: it’s building a regulated infrastructure stack that supports spot trading, derivatives, tokenized equities, staking, and payments—all under one roof.
With Citadel onboard, Kraken gains not only capital but also market-making expertise, risk management support, and deep institutional credibility.
Why It’s Important for Web3
This deal highlights how traditional finance giants are increasingly backing regulated crypto infrastructure, not just speculative trading firms.
Kraken’s growth reflects a broader shift: major exchanges are now building real-world Web3 infrastructure, not just serving retail traders.
For the crypto market, this may signal stronger future convergence between regulated finance and decentralized technologies.
Coinccino 
