Kraken Considers $100 Million Fundraising Round Before Potential IPO

On Thursday, Bloomberg reported that Kraken, a US-based crypto exchange, is considering raising a final funding round of more than $100 million ahead of a possible initial public offering (IPO). This strategic move aligns with the digital asset market’s resurgence, drawing potential investors and showcasing a recovering industry. Regulatory Challenges Loom as Kraken Prepares for... source: https://beincrypto.com/kraken-fundraising-plan-potential-ipo/