August 1, 2025

Does Kraken’s fundraise value Binance above $100B?

Jesse Powell’s crypto exchange Kraken is seeking $500 million at a $15 billion valuation, a 36% increase from its $11 billion valuation in 2022.That price anchors a comp for the world’s largest crypto exchange, Changpeng Zhao’s Binance, at more than $100 …

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