📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
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Kraken Lines Up $500M Funding to Power 2026 IPO
Kraken is aiming to secure $500 million in a fresh funding round at a $15 billion valuation. The exchange hopes to bolster its balance sheet as it eyes an early 2026 initial public offering.
Kraken, which launched in 2011, plans to raise half a billion dollars from investors. This financing round would peg the company’s value at $15 billion and help it shore up capital ahead of its planned IPO in the first quarter of 2026. Investors familiar with the discussion say Kraken wants extra cash on hand to navigate market volatility and fuel long-term growth.
Regulatory clarity fuels confidence
Investor sentiment toward crypto platforms has rebounded thanks to clearer compliance rules. In particular, the U.S. Securities and Exchange Commission dropped a long-running lawsuit against Kraken, removing a major overhang. As a result, both institutional and traditional backers have grown more comfortable pumping money into leading exchanges. Moreover, Bitcoin’s steady price gains have helped rekindle excitement across the digital-asset sector.
Growth plans and competitive headwinds
Kraken intends to deploy this new capital to expand its product lineup and enter fresh markets. For example, back in March 2025, the exchange acquired NinjaTrader for $1.5 billion to deepen its derivatives offerings and attract institutional traders. Now, Kraken can accelerate similar deals, advance research into decentralized finance and NFTs, and upgrade its trading infrastructure to handle higher volumes.
At the same time, Kraken faces stiff competition from the likes of Coinbase and Binance, plus new entrants backed by major banks. Cyberattacks and shifting regulations around the world also present ongoing risks. Still, analysts argue that a well-funded exchange can pour resources into compliance, talent, and resilient systems—factors that often determine which platforms lead the market.
Looking ahead, Kraken’s victory over the SEC lawsuit not only clears the way for faster U.S. growth but also signals a broader shift toward cooperation between crypto firms and regulators. That win could help Kraken—and the wider industry—forge a more stable path forward.