Kraken Secures $800 Million to Expand On-Chain Financial Products

Source of this Article
Coinsholder 1 hour ago 122

KEY TAKEAWAYS

  • Kraken raises $800 million to integrate traditional financial products with blockchain technology.
  • Citadel Securities invests $200 million, valuing Kraken at $20 billion.
  • Kraken expands its ecosystem with futures trading, equities, and a global app for payments and investing.
  • The company plans to scale operations and enter new markets in Latin America, Asia Pacific, and EMEA.

Kraken has announced raising $800 million across two tranches to further its strategy of integrating traditional financial products onto blockchain technology. The primary tranche was led by institutional investors such as Jane Street, DRW Venture Capital, HSG, Oppenheimer Alternative Investment Management, and Tribe Capital. Additionally, a significant commitment came from Kraken Co-CEO Arjun Sethi’s family office.

A subsequent $200 million strategic investment from Citadel Securities was executed, valuing Kraken at $20 billion. Founded in 2011, Kraken operates a globally scaled and regulated infrastructure that includes spot trading, derivatives, equities, tokenized assets, staking, and payments. Its vertically integrated architecture allows for the rapid deployment of new asset classes while maintaining high security and regulatory standards.

Strategic Expansion and New Investments

Kraken has demonstrated sustained profitability, generating $1.5 billion in revenue in 2024 and surpassing that figure within the first three quarters of 2025. With only $27 million in primary capital raised before this round, the company has built a resilient platform that bridges traditional financial markets with digital and tokenized assets.

Arjun Sethi, Kraken Co-CEO, stated that the investment represents a long-term commitment to building trusted, regulated infrastructure for an open financial system. He emphasized the company’s focus on creating a platform where any asset can be traded at any time and place. The caliber of new investors reflects the scale of the opportunity and alignment on infrastructure development.

Product Development and Market Expansion

In recent months, Kraken has expanded its multi-asset ecosystem by integrating U.S. futures trading through the acquisition of NinjaTrader, launching equities and tokenized equity trading, and introducing KRAK, a global app for payments, savings, and investing. This rapid product development is supported by Kraken’s vertically integrated infrastructure and disciplined approach to compliance, reliability, and security.

Citadel Securities President Jim Esposito expressed support for Kraken’s growth, highlighting the collaboration’s potential to provide differentiated liquidity, risk management expertise, and market structure insights. Sethi noted Citadel Securities’ role in defining modern market structure and welcomed their investment and expertise.

With the additional capital, Kraken plans to scale its global operations, deepen its regulated footprint, and expand its product suite through organic growth and targeted acquisitions. The company aims to enter new markets across Latin America, Asia Pacific, and EMEA, broadening its offerings beyond crypto to include advanced trading tools, staking solutions, expanded payment services, and enhanced institutional capabilities.


Explore More News:
  • Circle Launches xReserve for Seamless USDC ($1.00) Interoperability Across Blockchains
  • DIA Oracles Enhance Bitcoin Transparency on Ethereum with Lightning Network Data
  • YOM Introduces Walter: A Symbol of Decentralized Cloud Gaming
Disclaimer: The views expressed in this article are those of the authors and do not necessarily reflect the official policy of CoinsHolder. Content, including that generated with the help of AI, is for informational purposes only and is not intended as legal, financial, or professional advice. Readers should do their research before taking any actions related to the company and carry full responsibility for their decisions.

The post Kraken Secures $800 Million to Expand On-Chain Financial Products appeared first on CoinsHolder.



Facebook X WhatsApp LinkedIn Pinterest Telegram Print Icon


BitRss shares this Content always with Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0) License.

Read Entire Article


Screenshot generated in real time with SneakPeek Suite

BitRss World Crypto News | Market BitRss | Short Urls
Design By New Web | ScriptNet