Kraken Raises $800M to Expand Global Crypto Infrastructure

The $800 million funding was structured across two distinct tranches, with the primary round led by prominent institutional investors including Jane Street, DRW Venture Capital, HSG, Oppenheimer Alternative Investment Management, and Tribe Capital. The investment consortium was further strengthened by additional commitment from Co-CEO Arjun Sethi’s family office, demonstrating internal confidence in Kraken’s strategic direction. This represents a significant leap from the company’s previous fundraising history, having raised only $27 million in primary capital prior to this latest round.

Separately, Kraken executed an agreement for a $200 million strategic investment from Citadel Securities at a $20 billion valuation. This partnership extends beyond mere capital infusion, with plans for collaboration encompassing liquidity provision, risk management support, and market structure input. The involvement of Citadel Securities, a major player in traditional finance, underscores the growing convergence between conventional financial markets and the cryptocurrency ecosystem.

Kraken’s expansion strategy targets significant growth across Latin America, Asia Pacific, and the EMEA region, representing a comprehensive global push. The company aims to broaden its offerings beyond cryptocurrency to include additional asset categories, advanced trading tools, staking products, expanded payment services, and enhanced institutional features. These initiatives are designed to position Kraken firmly between traditional finance and the developing open-finance ecosystem.

Recent acquisitions and product launches demonstrate Kraken’s aggressive execution of this strategy. The integration of US futures trading through the acquisition of NinjaTrader, the rollout of equities and tokenized equity trading, and the launch of the global KRAK application for payments, savings, and investing represent significant milestones in the company’s product diversification efforts. These moves align with Co-CEO Arjun Sethi’s vision of creating a platform where anyone can trade any asset, anytime, anywhere.

According to Co-CEO Arjun Sethi, the investment represents long-term conviction in Kraken’s mission to build trusted, regulated infrastructure for the open financial system. He emphasized that the caliber of new investors reflects both the scale of the opportunity ahead and the depth of alignment around how this infrastructure should be built. The funding will enable Kraken to scale operations, strengthen its regulatory presence, and further develop its product suite through both internal development and strategic acquisitions.

The company’s financial performance provides strong validation for investor confidence, with Kraken reporting $1.5 billion in revenue in 2024 and already exceeding that figure in the first three quarters of 2025. This robust financial foundation, combined with the substantial new capital, positions Kraken to accelerate its vision of providing users with more secure and efficient access to digital and tokenized assets while bridging the gap between traditional finance and the emerging open-finance ecosystem.