Kraken explores pre-IPO funding round to raise north of $100 million
06/12/24, 2:24 AM
Location
cheyenneMoney raised
$100 million
Industry
fintech
Kraken is considering another funding round to raise north of $100 million in a pre-IPO round, as investors turn toward the crypto market amid a rally in token prices. The round could be completed by the end of the year.
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.