Kraken raised $42.5M in a grant from Optimism to launch Ink, a layer-2 on the Optimism blockchain.
11/02/24, 5:08 PM
Location
cheyenneMoney raised
$42.5 million
Industry
fintech
Investors
Optimism
Kraken has secured a $42.5 million grant from Optimism for the development of its new layer-2 solution, Ink. This funding brings the exchange’s total raised funds to $164.8 million.
Company Info
Location
cheyenne, wyoming, united states
Additional Info
Payward, Inc. is doing business as Kraken. Kraken is one of the world’s longest-standing and most secure crypto platforms. Our mission is to accelerate the global adoption of crypto, so that everyone can achieve financial freedom and inclusion. Globally, Kraken clients trade more than 200 digital assets and 6 different national currencies, including GBP, EUR, USD, CAD, CHF, and AUD. Kraken was founded in 2011 and was one of the first platforms to offer spot trading with margin, parachain auctions, staking, regulated derivatives and index services.