Kraken Funding Drives Big $20B Valuation as Exchange Expands

Citadel Joins Kraken Funding to Strengthen Liquidity and Market Growth

Kraken exchange has reached a new milestone as Kraken valuation today officially hit $20 billion, following major Kraken funding rounds supported by leading financial institutions. This marks one of the biggest funding achievements in the crypto industry in 2025 and boosts expectations for a possible same wave across the market.

$800 Million Raised: A Turning Point for the Network 

The crypto exchange confirmed it has raised $800 million over the period of past few months in two tranches. The first round attracted well-known institutions names like Jane Street, DRW Venture Capital, Tribe Capital, HGS, and Oppenheimer Alternative InvestmentManagement. A substantial investment also came from Co-CEO Arjun Sethi’s family office.

Source: KrakenOfficial

The second and more strategic phase involved a $200 million Citadel Securities investment, which pushed the overall 2025 valuation to $20 billion. This deal has quickly become one of the most talked-about topics in Kraken latest news. 

This Citadel Securities funding shows strong confidence from one of the world’s leading market makers. It also highlights growing interest from traditional finance in regulated crypto infrastructure. 

Why Citadel Securities Funding Is a Big Deal

Citadel Securities is one of the world’s most influential market makers. Its support is seen as a major signal of trust in Kraken’s long-term vision.

The collaboration is expected to enhance:

• Market liquidity

• Trading efficiency

• Risk management

• Overall performance (new updates)

For the crypto industry, this Kraken-Citadel partnership represents another step toward deeper integration between traditional finance and digital assets.

High trading Volume Signals Strong Growth

The platform continues to show solid operating strength. According to recent data, the exchange handled $40.5 billion in trading volume in October alone, a figure that highlights growing demand and boosts the credibility of Krake total volume metrics.

Source: The Block

Financially, the exchange remains profitable. After generating $1.5 billion revenue in 2024, the platform surpassed that figure in just the first three quarters of 2025. With the new capital injection, the total funding is now one of the highest among global crypto exchanges. 

Expanding Products and New Markets

Along with the funding developments, the exchange has been aggressively expanding its products ecosystem. Recent developments include:

• Launch of futures trading in the U.S.

• Acquisition of NinjaTrader and Small Exchanges

• Introduction of tokenized equities and advanced trading tools

• Launch of KRAK, a global payments and investing app

With its vertically integrated system – covering custody, settlement, clearing, market data, and wallet services, it aims to bring traditional financial products on-chain. 

The network now plans to grow further across Latin America, Asia Pacific, and Europe, while adding more asset classes beyond crypto.

What’s Next: IPO?

With strong momentum and fresh institutional support, the long- anticipated Kraken stock listing now also seems real, where new funding, high revenues, and global expansion make it one of the most IPO-ready firms. 

Co-CEO Arjun Sethi said the recent investment shows “deep confidence in Kraken’s mission to build trusted, regulated infrastructure for the open financial system.”

With these developments and support the exchange suggests that it is preparing to become one of the most influential spaces in the digital asset market.