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Kraken Is Seeking 'War Chest' Investment at a $4 Billion Valuation

From coindesk.com

Crypto exchange Kraken is on a fundraising drive, offering “select” investors a chance to purchase stakes in the firm. The firm’s CEO, Jesse Powell, confirmed to CoinDesk that his company is looking to tap a small number of clients for a fundraising round valuing the firm at $4 billion. “There is presently a limited time opportunity available to a very small, selectnumber of clients to purchase Kraken shares” at a $4 billion valuation with a $100,000 minimum, he told CoinDesk via email. The general public will not have access to these shares, and the exchange is not looking to make a public offering. The company has ... (full story)

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