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Shalini Nagarajan

Kraken Secures $200M Investment From Citadel Securities at $20B Valuation

Cryptocurrency exchange Kraken has received a $200 million investment from Citadel Securities at a $20 billion valuation. The funding follows a $600 million financing round completed in September at a $15 billion valuation, bringing total recent capital raised to $800 million. Kraken plans to use the funds for international expansion and payments infrastructure development ahead of a planned initial public offering.
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