Kraken Valued at $15 Billion After $500 Million Funding Round Led by Apollo Global, Oppenheimer, and Jane Street, Ahead of IPO

COINOTAG News, citing Reuters, reports that two sources familiar with the matter indicate Kraken‘s latest private round values the cryptocurrency exchange at approximately $15 billion. Participants include Apollo Global Management, Oppenheimer, Jane Street, and HSG (the former Sequoia Capital China).

In the prior month, Kraken closed a $500 million financing round with these stakeholders continuing to participate. Qube Research & Technologies joined, alongside Arjun Sethi, Kraken’s co-CEO, and his venture firm Tribe Capital, highlighting mounting institutional backing for the platform.

The funding activity underscores rising appetite from traditional financiers for digital-asset platforms and could influence Kraken’s strategic options, including a potential public-market listing in the near term, as market participants monitor the company’s capital trajectory.

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