Kraken closed an $800 million funding round on Tuesday with a $200 million investment from Citadel Securities, valuing the crypto exchange at $20 billion. This marks one of crypto’s largest capital raises and underscores tightening links between digital asset platforms and traditional finance leaders. This substantial funding fuels Kraken’s expansion and product growth across trading, payments, and tokenized assets, showcasing Wall Street’s increased trust in regulated crypto infrastructure. Institutional Investors Propel Historic Funding Round Kraken’s latest funding round drew strong interest from leading institutional investors
source: https://beincrypto.com/kraken-800m-raise-jane-street-citadel-2025/