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COMPANY INTELLIGENCE

Kraken

Digital assets · San Francisco, CA · Private

Kraken operates a global digital-asset exchange and related trading, custody, and institutional services.

$21BReported valuationPrivate Ledger market watch
PrivatePublic statusNo confirmed IPO
Digital assetsSectorCrypto exchange and custody
Sep 2026Profile updatedLatest editorial review

The Company

Kraken operates a global digital-asset exchange and related trading, custody, and institutional services.

The company's investment case is tied to crypto exchange and custody. This profile will be refreshed when material financing, operating, or market-structure developments are publicly reported.

Why It Matters

Crypto exchange and custody is central to the company story. The key question is whether Kraken can translate private-market momentum into a durable operating position.

Valuation History

  1. Private→2011Company founded or established
  2. $21B→2026Latest reported estimate

What Changed

  1. Kraken begins operating in its current form.

  2. The company remains on The Private Ledger market watchlist following the latest editorial review.

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