Kraken was founded by Jesse Powell in 2011. According to Reuters in September 2023, “Crypto exchange Kraken is planning to offer trading in U.S.-listed stocks and exchange-traded funds.”
Kraken is a global marketplace for the secure buying, selling, and trading of cryptocurrency. Per Forge data, Kraken raised $30.6 million in funding over 19 rounds. Their latest funding was raised on Jan 1, 2023. Key investors include 2B Global Capital, SBI Investment, RIT Capital Partners, Hummingbird Ventures, and Venture Garage.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
05/13/2020 | Series B | $52.5MM | $xx.xx | $5.52B | Tribe Capital, Blockchain Coinvestors, GE Ventures, Soul Capital, MyAsiaVC, Tachi.ai Ventures, bloom.CAPITAL | |
Price per Share
$xx.xx
Shares Outstanding
2,646,170
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Tribe Capital, Blockchain Coinvestors, GE Ventures, Soul Capital, MyAsiaVC, Tachi.ai Ventures, bloom.CAPITAL
|
||||||
04/12/2016 | Series A | $12.32MM | $xx.xx | $38.5MM | Blockchain Capital, Digital Currency Group, Hummingbird Ventures, SBI Investment, Trammell Venture Partners, Money Partners Group | |
Price per Share
$xx.xx
Shares Outstanding
71,185,290
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Blockchain Capital, Digital Currency Group, Hummingbird Ventures, SBI Investment, Trammell Venture Partners, Money Partners Group
|
||||||
01/01/2013 | Series Seed | $199,999 | $xx.xx | $2MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
6,666,660
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
5.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
|