Cryptocurrency exchange Kraken raised 800 million dollars in funding, reaching a valuation of 20 billion dollars.

On November 18th, the cryptocurrency exchange Kraken announced that it had completed an $800 million financing in two phases, with a valuation of $20 billion. The first phase of financing was led by investors such as Ribbit Capital, DRW Venture Capital, and HSG, while Castle Securities strategically invested $200 million in Kraken.