News Score: Score the News, Sort the News, Rewrite the Headlines

Exclusive: Crypto exchange Kraken raises $200 million from Ken Griffin's Citadel Securities to notch $20 billion valuation | Fortune

One of the world’s largest crypto exchanges has raised a huge stash of capital from a blue chip financial titan. The Wyoming-based Kraken secured $200 million in a strategic investment from Citadel Securities, the nearly 25-year-old market maker, a Kraken spokesperson confirmed to Fortune. The investment valued the crypto exchange at $20 billion. The round comes shortly after Kraken closed an earlier round of financing in September in which it raised $600 million at a $15 billion valuation from ...

Read more at fortune.com

© News Score  score the news, sort the news, rewrite the headlines