Kraken Funding: $800M Raise Lifts Exchange to $20B Valuation

Kraken has taken a huge step forward this week. The crypto exchange raised $800 million in new funding and is now valued at $20 billion. The company says this money will help it expand into more countries and build safer, stronger financial tools for its users.

New Investors Show Strong Support

This new funding round attracted many well-known investment groups. It included Jane Street, DRW Venture Capital, HSG, Oppenheimer Alternative Investment Management, and a team linked to Kraken’s co-CEO, Arjun Sethi. Their involvement shows growing trust in Kraken’s long-term vision.

In addition, Citadel Securities, one of the biggest financial firms in the United States, invested $200 million. This move is important because it shows that major traditional finance players are now more comfortable entering the crypto space. It also means that Kraken may work more closely with experts in liquidity and market structure.

How Kraken Plans to Use the Money

With this new funding, Kraken hopes to move faster and reach more users around the world. The company plans to expand into Latin America, Asia-Pacific and EMEA regions. Furthermore, this growth is meant to help the company compete with other global exchanges.

Moreover, Kraken wants to build more regulated financial products. It recently bought Small Exchange for $100 million. This purchase will help the company offer more U.S.-based derivatives products in the future. Because financial rules differ from country to country, Kraken says this money will support its efforts to improve compliance and stay aligned with global regulations.

Rising Revenue and Market Confidence

Kraken’s earnings have been growing quickly. Reports say the company made about $1.5 billion in revenue in 2024, and it passed that amount within the first nine months of 2025. Moreover this strong financial performance helps explain why investors are showing greater interest.

Until recently, Kraken had raised only a small amount of outside funding. Therefore, this huge wave of investment marks a major change. It also suggests that many investors see Kraken as a strong candidate for a future public listing.

Why This Matters for the Crypto Industry

This funding round highlights several trends. First, traditional finance firms are now more willing to invest in regulated crypto platforms. Second, global interest in digital assets continues to rise, even as markets shift. Third, more companies want to bring traditional financial tools into the crypto world.

The Road Ahead for Kraken

Kraken’s $800 million raise gives the company more power to grow and innovate. While challenges remain, like market volatility and global regulations, the company now has stronger backing. If Kraken uses this funding wisely, it could become one of the most influential players shaping the future of digital finance