Kraken seeks over $10B valuation

posted 8 months ago
Bitcoin exchange-operator Kraken is reportedly seeking to rake in new cash from a raise that could value the firm above $10 billion.

The US exchange is in talks to raise funds from firms including Fidelity, Tribe Capital and General Atlantic. The report added that while the terms aren't final, the exchange could nab a valuation above $20 billion if there is high enough demand.
Tags: news, bitcoin