Crypto Exchange Kraken Says It’s Now Valued At $20 Billion After Latest Investment, Ken Griffin’s Citadel Invests $200 Million
Posted On November 19, 2025
Cryptocurrency exchange Kraken said on Tuesday that its valuation soared to $20 billion following a funding round in which it raised $800 million.
Notable Investors
The primary tranche was led by institutional investors, including Jane Street, HSG, Oppenheimer Alternative Investment Management, and Tribe Capital, according to Kraken’s press release. Citadel Securities, founded by billionaire hedge fund manager Kenneth Griffin, contributed $200 million in a strategic investment as the second tranche.
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