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Crypto exchange Kraken has secured $500 million in new funding, valuing the company at $15 billion. The round, structured by Kraken without a single lead investor, saw participation from investment firms, venture capital funds, and Tribe Capital, led by CEO Arjun Sethi, who also invested personally. The fresh capital will fuel Kraken’s global expansion and IPO ambitions, with the company aiming for a public listing in 2026. This marks a major step toward solidifying its position in the crypto market.
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