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Podcast: The Breakdown
Episode:

Kraken’s $15B Secret Raise and the Race to IPO
Category: Business
Duration: 00:08:55
Publish Date: 2025-09-30 15:44:00
Description:

Fortune revealed that Kraken quietly raised $500 million at a $15 billion valuation—its first significant raise in over a decade—as the exchange eyes a 2026 IPO. Bloomberg followed up with reports of another potential $200–300 million round at a $20 billion valuation. We dig into what this means for Kraken’s future, the escalating scale of Tether’s $500 billion fundraise, growing scrutiny of crypto treasury companies, and SEC Commissioner Hester Peirce’s farewell vision for a new era of crypto regulation.

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