Kraken Secures $600 Million in Funding on November 18, 2025, Reaching a $15 Billion Valuation

According to media reports, leading global cryptocurrency exchange Kraken announced on November 18, 2025, that it has secured $600 million in funding. This round was co-led by prominent investment institutions including HSG, Tribe Capital, DRW Venture Capital, Jane Street Capital, Arjun Sethi, and Oppenheimer Alternative Investment Management. Following this round, Kraken’s total cumulative funding has reached $918 million, with its latest valuation at $15 billion, further consolidating its leading position in the global crypto asset trading sector.Founded in 2011, Kraken is one of the world’s longest-standing and largest cryptocurrency exchanges. As an industry pioneer, Kraken is committed to enabling users from all walks of life to access cryptocurrencies easily and achieve financial independence through digital asset investment. In September 2020, the State of Wyoming granted Kraken a crypto banking license, making it the first cryptocurrency exchange in the United States to obtain such approval—a significant milestone in its regulatory compliance journey.Recently, Kraken has continued to advance strategic expansion and innovation. Since the beginning of this year, the company has introduced several key initiatives: in May, it completed the acquisition of NinjaTrader; Q1 revenue grew 19% year-over-year; in June, it launched the integrated global financial app “Krak” and announced a headquarters relocation; in the same month, it introduced 60 tokenized US stocks for non-US users; and in July, it partnered with Backed to expand xStocks to BNB Chain. These actions demonstrate Kraken’s commitment to expanding its product offerings, optimizing user experience, and strengthening its position as a mainstream exchange.The successful completion of this funding round provides Kraken with ample capital support to accelerate product innovation, expand market influence, and further promote the standardization of the crypto asset industry.