Bitcoin and Cryptocurrency Exchange
Kraken is a cryptocurrency exchange that provides spot and futures trading between Bitcoin, Ethereum and 40+ other digital assets.
Kraken is a cryptocurrency exchange and bank, founded in 2011. The exchange provides cryptocurrency-to-fiat-money trading, and provides price information to Bloomberg Terminal. Recognizing the importance of Bitcoin from the onset, and understanding that the exchange is the most critical part of the cryptocurrency ecosystem.
As of 2020, Kraken is available to residents of 48 US states and 176 countries, and lists 70 cryptocurrencies available for trade.
Kraken is a secure, trustworthy crypto exchange platform that allows trades between several fiat currencies and crypto tokens. When compared to other exchanges, Kraken is said to be one of the best choices for trustworthiness. Kraken is one of the more secure exchanges on the market as it has never been hacked.
In September 2020, Kraken was granted a special purpose depository institution (SPDI) charter in Wyoming, becoming the first cryptocurrency exchange to hold such a charter in the United States.
Kraken empowers investors - Whether users are an advanced trader or a crypto-beginner, Kraken gives them the power to chart their own financial course.
Investor in Wyre and BTCPay Server. Kraken is primarily funded by 18 investors. RIT Capital Partners and Mindrock Capital are the most recent investors.
Unicorns Companies on the PrimaryMarkets Platform:
- USA based Companies with an estimated market capitalisation in excess of US$1B.
- Trading in these securities entails compliance with USA regimes such as FINRA and SEC as well as possible ROFR (Right Of First Refusal) imposed by many Unicorns.
- All Traders must be Sophisticated, Professional, Institutional, Accredited Investors.
- Minimum trade size US$250,000
Total Funding (as of June 2021) – US$125.8M
Last funding round (April 2021) – US$undisclosed (14 rounds in total)
Enterprise Value US$12.6B