According to people familiar with the matter, Apollo Global Management, Oppenheimer, Jane Street and HSG, formerly known as Sequoia Capital China, all participated in the latest funding round of crypto exchange Kraken, which valued Kraken at $15 billion. Fortune magazine reported last month that Kraken completed a $500 million funding round, but Reuters revealed the identities of the anchors and financial industry players for the first time. Qube Research & Technologies, Kraken's co-CEO Arjun Sethi, and Sethi's co-founded venture capital firm Tribe Capital also participated in the round, paving the way for Kraken to go public in the coming months, a source said.
Kraken is expected to confidentially file a registration statement for its initial public offering (IPO) with the SEC before the end of the year and plans to go public in Quarter 1 next year. One of the sources added that it was unclear how the U.S. government shutdown might affect that timeline. (Reuters)
Kraken completed a $500 million financing in September, the valuation rose to $15 billion, and plans to list in Q1 next year
2025-10-23 09:07:24
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Kraken9月份完成5亿美元融资，估值升至150亿美元 计划明年Q1上市
