Kraken — Valuation, Funding & Investors

Kraken, legally named Payward, Inc., is a US-based cryptocurrency exchange founded in 2011 and is the first cryptocurrency company to obtain a bank charter. The platform lets customers trade crypto, stocks, and futures, use margin to trade with up to 10x leverage, and execute large trades without disrupting the market through the Kraken Trade Desk; brokerage services are provided by Kraken Securities LLC, a FINRA/SIPC member and wholly owned subsidiary of Payward.

Separately, Kraken is the tech platform delivering innovation for utilities worldwide, powered by a single-data model and Utility-Grade AI. Its energy clients include EDF, whose Director of Retail said Kraken let it launch more innovative products in the last year than in the last ten, and National Grid, which uses Kraken while serving 5.8 million customers.

Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds Kraken.

Often trade at a premium or discount to NAV.

Platforms match existing holders with buyers. Kraken availability at any moment is set by the holders.

High minimums, transfer approval, company right-of-first-refusal.

Valuations, rounds and IPO status for every company in the directory — Kraken included.

The routes section explains what is realistically available for a company at this stage.

No. Kraken is a private company; its shares do not trade on a public exchange.

The last valuation is $10B.

Lead investors for each round are in the funding timeline.