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2019-02-05 20:10:18

Crypto Exchange Kraken Secures Blockbuster $4 Billion Valuation After $100m Mega Deal

Following the completion of the largest deal in the cryptocurrency sector year-to-date, major U.S. and Europe-based crypto exchange Kraken is set to raise a funding round valuing the company at $4 billion. On February 4, as CCN reported, Kraken acquired Crypto Facilities for over $100 million, becoming a regulated futures and index products operator in Europe. $4 Billion: Kraken is a Top Three Crypto Exchange In an official statement, the Kraken team revealed that the company, which serves more than 4 million active users, will soon achieve a valuation of $4 billion. The company is in the process of finalizing The post Crypto Exchange Kraken Secures Blockbuster $4 Billion Valuation After $100m Mega Deal appeared first on CCN