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Bullish

Kraken Secures $800M Funding Round with $200M Investment from Citadel Securities

Cryptocurrency exchange Kraken has successfully raised $800 million in its latest funding round, featuring a significant $200 million investment from Citadel Securities. This major capital injection represents one of the largest funding rounds in the crypto exchange sector this year, signaling strong institutional confidence in Kraken's platform and the broader digital asset market. The substantial investment from Citadel Securities, a leading market maker and financial services firm, underscores growing institutional adoption of cryptocurrency infrastructure and services.
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