Research

💵Kraken is seeking ‘war chest’ investment at a $4 billion valuation

Messari

Dec 12, 2018 ⋅  1 min read

Crypto exchange Kraken is offering select investors an opportunity to own equity in the firm at a $4 billion valuation. In an email sent by the firm, the round is described as a way to build a war chest during the bear market and allow top clients to become equity holders in the company. The email further states that Kraken is already profitable and has 'significant' reserves.

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