Kraken Raises Record $500M in Self-Led Funding Round, Maintains $15B Valuation Ahead of 2026 IPO

Cryptocurrency exchange Kraken has completed its largest funding round to date, raising $500 million in September 2025 without appointing a lead investor. The self-led initiative values the company at $15 billion and will support its global expansion strategy and planned public listing in 2026, bolstered by strong Q2 2025 financial performance.