Kraken Said to Be Exploring Private Placement at $4B Valuation

Kraken, the European fiat-to-crypto exchange, has sent out an exploratory email to key clients, suggesting the possibility of a private offering, according to Finance Magnates. Based on the amount of funding suggested, Kraken may be valued at up to $4 billion.

https://twitter.com/089kirill/status/1072880644471054337

Kraken has suggested a minimum investment of $100,000, targeting large-scale clients and accredited investors. The survey deadline is December 16, after which Kraken will provide further information to the respondents and make a decision based on the re…

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