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Reuters: Investors in Kraken's September financing include institutions such as HSG and Jane Street

2025-10-23 17:02:01
Collection

ChainCatcher news, according to Reuters, informed sources revealed that Apollo Global Management, Oppenheimer, Jane Street, and HSG, formerly known as Sequoia Capital China, all participated in the recent funding round of the cryptocurrency exchange Kraken.

This funding round valued Kraken at $15 billion. Last month, Fortune magazine reported that Kraken completed a $500 million funding round, but Reuters was the first to disclose the identities of these major investors and financial industry participants. One source stated that Qube Research & Technologies, Kraken's co-CEO Arjun Sethi, and the venture capital firm Tribe Capital co-founded by Sethi also participated in this funding round, paving the way for Kraken to go public in the coming months.

Kraken is expected to confidentially submit its IPO registration statement to the U.S. SEC by the end of the year and plans to go public in the first quarter of next year. One source added, however, that it is currently unclear how the U.S. government shutdown might affect this timeline.

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