Kraken Scores $800M Raise Backed by $200M Citadel Securities Investment

Kraken, the prominent cryptocurrency exchange, has successfully secured an impressive $800 million in funding, a substantial portion of which, amounting to $200 million, has been provided by Citadel Securities, a leading financial services firm. This significant investment not only highlights the growing confidence in Kraken's potential for growth and innovation in the digital asset market but also emphasizes the increasing interest and involvement of traditional financial institutions in the cryptocurrency space. The capital raised will likely be utilized to enhance Kraken's operational capabilities, expand its product offerings, and further strengthen its competitive position within the rapidly evolving landscape of digital currencies. source: https://www.coindesk.com/markets/2025/11/18/kraken-scores-usd800m-raise-backed-by-usd200m-citadel-investment