
Kraken Scales Toward an IPO at a $20B Valuation With Fresh Acquisitions
Payward, the parent of crypto exchange Kraken, is raising fresh capital at about a $20 billion valuation as it scales toward a planned IPO with two new acquisitions.

Crypto Markets Writer
Tony Rabbit is a crypto markets writer at DEXTools News covering decentralized finance, on-chain trends, and trading narratives. He turns DEXTools live on-chain data into clear, actionable explanations for everyday readers, with a focus on new token launches, memecoins, liquidity, token safety, and how DEX market structure actually behaves. His reporting leans on primary sources and verifiable on-chain evidence over hype.
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Payward, the parent of crypto exchange Kraken, is raising fresh capital at about a $20 billion valuation as it scales toward a planned IPO with two new acquisitions.

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