According to multiple media sources including Fortune Magazine, leading U.S. crypto exchange Kraken has completed a new $500 million funding round, valuing the company at $15 billion. The move marks a major milestone in its path toward a potential initial public offering (IPO) next year.According to multiple media sources including Fortune Magazine, leading U.S. crypto exchange Kraken has completed a new $500 million funding round, valuing the company at $15 billion. The move marks a major milestone in its path toward a potential initial public offering (IPO) next year.
Kraken Raises $500 Million at $15 Billion Valuation, Paving Way for Potential 2026 IPO
According to multiple media sources including Fortune Magazine, leading U.S. crypto exchange Kraken has completed a new $500 million funding round, valuing the company at $15 billion. The move marks a major milestone in its path toward a potential initial public offering (IPO) next year.
The latest capital injection was reportedly led by global institutional investors, with participation from long‑term venture partners focused on blockchain infrastructure and digital‑asset innovation. Kraken said the funds will be used to expand global licensing, enhance product security, and accelerate institutional services.
Founded in 2011, Kraken is one of the oldest and largest cryptocurrency exchanges in the United States. The company has seen steady growth in trading volumes and custody solutions amid renewed interest in digital assets and regulatory clarity in key markets.
Analysts view this financing as a strong vote of confidence in Kraken’s business model and timely positioning ahead of a potential IPO in 2026. If completed, it would represent one of the largest public listings in the crypto industry since Coinbase went public in 2021.
Market Opportunity
FortuneHunters Price(FORTUNE)
$0,000000058
$0,000000058$0,000000058
USD
FortuneHunters (FORTUNE) Live Price Chart
Disclaimer: The articles published on this page are written by independent contributors and do not necessarily reflect the official views of MEXC. All content is intended for informational and educational purposes only and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC. Cryptocurrency markets are highly volatile — please conduct your own research and consult a licensed financial advisor before making any investment decisions.
You May Also Like
NZD/USD holds losses below 0.5750 ahead of China trade data
The post NZD/USD holds losses below 0.5750 ahead of China trade data appeared on BitcoinEthereumNews.com. NZD/USD extends its losses for the second successive day
Share
BitcoinEthereumNews2026/01/14 09:54
US SEC approves options tied to Grayscale Digital Large Cap Fund and Cboe Bitcoin US ETF Index
PANews reported on September 18th that the U.S. Securities and Exchange Commission (SEC) announced that, in addition to approving universal listing standards for commodity-based trust units , the SEC has also approved the listing and trading of the Grayscale Digital Large Cap Fund, which holds spot digital assets based on the CoinDesk 5 index. The SEC also approved the listing and trading of PM-settled options on the Cboe Bitcoin US ETF Index and the Mini-Cboe Bitcoin US ETF Index, with expiration dates including third Fridays, non-standard expiration dates, and quarterly index expiration dates.
Share
PANews2025/09/18 07:18
SUI Price Eyes Breakout, Targets $11 Says Analyst
The post SUI Price Eyes Breakout, Targets $11 Says Analyst appeared on BitcoinEthereumNews.com. SUI price shows a technical setup for a macro breakout with analyst Dan Gambardello targeting $10-$11 levels. Recent partnership with Google’s Agentic Payments Protocol adds fundamental support to the technical analysis as SUI moves closer to potential breakout levels. SUI Price Analysis Points to $10-$11 Breakout Target Dan Gambardello has identified a clear ascending triangle formation on SUI price daily chart with upside targets around $10.79. The analyst simplified this target range to $10-$11 for practical trading purposes. The pattern shows sustained higher lows meeting resistance at current levels before a potential breakout. VanEck maintains more aggressive SUI crypto targets ranging from $13-$25 according to Gambardello’s research. SUI Price Analysis | Source: Dan Gambardello, X The $10 level is a more conservative higher high area for the current cycle. Midterm targets point to $7.50 in the 1.618 Fibonacci extension zone before longer-term objectives. The monthly RSI shows extreme compression that Gambardello describes as “screaming for a macro breakout to the upside.” This momentum oscillator behavior typically precedes major price movements in the crypto market. SUI crypto risk model currently sits at 51 and matches pre-bull market levels seen in coins like Ethereum. Gambardello compared this to Ethereum’s December 2020 reading of 51 before its major breakout. The March 2017 Ethereum reading of 53 preceded that cycle’s parabolic move. The analyst also noted that SUI price trades near the same levels from almost a year ago in November 2024. Bollinger Bands Signal Historic Compression CryptoBullet has identified the tightest Bollinger Bands in SUI’s entire trading history on the weekly chart. The BBW indicator compression reached levels that were historically followed by major price movements. This setup mirrors conditions before SUI’s previous major rallies. Historical data shows SUI price delivered +253% gains between December 2023 and March 2024 following similar compression. SUI…
Share
BitcoinEthereumNews2025/09/18 11:32