Cryptocurrency exchange Kraken has successfully raised $500 million in its latest funding round, achieving a $15 billion valuation. The capital raise comes as the company prepares for its initial public offering scheduled for early 2026, with investment participation from Tribe Capital and co-CEO Arjun Sethi among others.

U.S. Bitcoin spot ETFs recorded net outflows totaling $258 million on September 25 amid broader market uncertainty, according to SoSoValue data. Standing against the prevailing trend, BlackRock's iShares Bitcoin Trust (IBIT) managed to secure a positive $79 million inflow.

On September 25, 2025, Kamino launched a dedicated security transparency page highlighting the multi-layered defense system protecting over $4 billion in user deposits. As Solana's largest lending protocol, Kamino showcases formal verification partnerships with Certora and extensive testing that found zero critical vulnerabilities in recent assessments.