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Benzinga
Benzinga
Business
Aniket Verma

Kraken Aims To Raise $500 Million, Second-Largest US Crypto Platform Eyeing A $15 Billion Valuation: Report

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Cryptocurrency exchange, Kraken, is planning to raise $500 million in funding, a move that could push its valuation to $15 billion, according to a report published Tuesday.

What Happened: Kraken, America’s second-largest cryptocurrency trading platform, is preparing for a major funding round, tech and business-focused media company The Information reported, citing sources familiar with the matter.

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