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- Kraken seeks $500 million funding at $15 billion valuation, The Information reports</p>
<p>July 29, 2025 at 11:53 PM</p>
<p>(Reuters) -Cryptocurrency exchange Kraken is set to raise $500 million in funding at a $15 billion valuation, The Information reported on Tuesday, citing people familiar with the matter.</p>
<p>A spokesperson for Kraken declined to comment on the report.</p>
<p>Cryptocurrency-focused companies have been attracting increased investor interest as the digital asset class benefits from regulatory clarity and growing institutional adoption.</p>
<p>This trend has also prompted several crypto firms, including custody startup BitGo and asset manager Grayscale, to pursue U.S. listings.</p>
<p>Kraken has been actively investing capital to expand into various asset classes and grow its user base.</p>
<p>In March, Kraken said it would acquire futures trading platform NinjaTrader in a $1.5 billion deal.</p>
<p>(Reporting by Pritam Biswas and Ateev Bhandari in Bengaluru; Editing by Leroy Leo and Mohammed Safi Shamsi)</p>
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