Crypto platform Kraken raises capital at $20 billion valuation ahead of planned IPO
Payward, the parent company of crypto platform Kraken, is raising new capital at a valuation of $20 billion, according to two people with knowledge of the matter. Kraken declined to comment on the increase. The latest fundraising comes as the company accelerates its spending on buybacks. Most recently, it bought stablecoin-focused payments company Reap for […]
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