Kraken Raises $800 Million; Citadel Securities Commits $200 Million at $20B Valuation

Kraken raises $800 million to accelerate onchain traditional finance, with Citadel Securities investing $200 million at a $20 billion valuation. Kraken announced on November 18, 2025 that it has raised $800 million across two tranches to advance its strategy of bringing traditional financial products onchain, with the primary tranche led by institutional investors including Jane […]