π Kraken Eyes $20B Valuation in New Funding Round
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Crypto exchange Kraken is in advanced talks to raise fresh capital, targeting a valuation near $20 billion. The round is expected to include $200β300 million from a strategic investor.

This move comes as investor interest in crypto infrastructure firms grows, spurred by clearer regulatory signals and institutional demand. If this deal closes, itβd solidify Krakenβs place among the top-valued exchanges in the space.