CentBit.Online – Crypto & Blockchain Expert, Bangladesh
Global crypto exchange Kraken has successfully raised $500 million in fresh funding, bringing its latest valuation to $15 billion, according to industry reports.
The funding round highlights continued investor confidence in leading cryptocurrency platforms despite ongoing regulatory challenges. Kraken, one of the oldest and most trusted exchanges in the industry, plans to use the capital to expand its global presence, enhance trading infrastructure, and develop new product offerings, including institutional services.
This move positions Kraken alongside other top-tier crypto firms that have recently secured major investments, signaling strong institutional appetite for digital asset growth. The exchange’s valuation reaffirms its role as a key competitor to Coinbase and Binance, especially as the global adoption of cryptocurrencies accelerates.
Analysts say the fresh funding could also help Kraken prepare for a potential public offering in the coming years, a step the company has hinted at in the past.
