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Kraken has announced that it has raised eight hundred million dollars in a new funding round as the company works to accelerate its mission of bringing traditional financial products onto blockchain infrastructure. The round, which reflects a company valuation of twenty billion dollars, attracted strong interest from major institutional investors.
The primary portion of the investment was led by firms such as Jane Street, DRW Venture Capital, HSG, Oppenheimer Alternative Investment Management, and Tribe Capital. Kraken also received a significant commitment from the family office of Arjun Sethi. In addition to this, the company reached an agreement with Citadel Securities for a strategic investment of two hundred million dollars at a valuation of twenty billion dollars.
Founded in 2011, Kraken provides a regulated and comprehensive platform that spans spot and derivatives trading, equities, tokenized assets, staking services, and payments. The company generated one and a half billion dollars in revenue in 2024 and surpassed that figure within the first three quarters of 2025.
Kraken Co Chief Executive Officer Arjun Sethi stated that the investment represents long term confidence in Kraken’s goal of building a reliable and regulated infrastructure for an open financial system. He noted that the company’s focus has remained consistent which is to create a platform where anyone can trade any asset at any time and from anywhere.
In recent months Kraken has expanded its market presence by acquiring NinjaTrader to integrate United States futures trading. The company has also introduced equity trading and tokenized stock trading. In addition to these initiatives Kraken launched a global application named KRAK designed for payments, savings, and investment services.
Jim Esposito, Chairman of Citadel Securities, said that they are excited to support Kraken’s continued growth while contributing to the next phase of digital innovation in global markets. This collaboration will include efforts in liquidity provision, risk management, and insights into market structure.
Before this funding round Kraken had raised only twenty seven million dollars in primary capital. The company plans to use the newly secured funds to scale its global operations, deepen its regulated footprint, and expand its product offerings through both organic growth and targeted acquisitions. Kraken will also enter new markets across Latin America, the Asia Pacific region, and EMEA while broadening its services beyond cryptocurrency.