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Crypto platform Kraken is raising capital at $20 billion valuation ahead of its planned IPO

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Trend:Downtrend
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CoinDesk Staff
(06:42 PM UTC)
1 min read
MR
Updated byMichael Roberts
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Kraken parent Payward seeks fresh funding at $20 billion valuation ahead of planned IPO

The crypto exchange operator is pursuing a new fundraising round as it ramps up acquisitions across derivatives and stablecoins while laying the groundwork for a future public listing.

Payward, the parent company of crypto platform Kraken, is raising new capital at a $20 billion valuation, according to two…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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CoinDesk Staff · CoinDesk

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