Kraken is currently in talks with strategic investors at a valuation of around $20 billion.

BlockBeats News, September 27th, according to sources familiar with the matter, cryptocurrency exchange Kraken is in deep discussions regarding a new round of financing, which could potentially value the company at around $20 billion. This financing activity is part of Kraken's intensified fundraising efforts ahead of a potential public listing.

The news indicates that this round of financing is not yet finalized and is still subject to market conditions, with an expectation that a strategic investor will contribute around $2 to $3 billion. Due to confidentiality concerns, the anonymous source requested anonymity.