Kraken

The first US cryptocurrency bank and the oldest crypto exchange

Analytics date: 15.04.2025

Basic information

Head office

San Francisco, US
Head office
Geography of business
United States of America
- United States of America
- United Kingdom
- Spain
- France
- Italy
- Portugal
- Turkey
- Ukraine
- Vietnam
- China
- Japan
- Canada
- Netherlands
- Ireland
Geography of business
Date of the last round

Last round 02/2022
Date of the last round
Total funds raised

$178.1M+
Total funds raised
Price per share

$22.50
Price per share

Price per share. Based on the latest known transaction. It is not an offer or investment recommendation.

Analytics date: 15.04.2025

Industry analysis

The Stablecoin Market Is $220 Billion.

Stablecoins, once primarily used for trading on crypto exchanges, are increasingly positioning themselves as part of real-world financial infrastructure. Tether (USDT) and USD Coin (USDC), dominant players in the stablecoin market, are no longer limited to crypto exchanges but are now being adopted for various mainstream financial applications, such as B2B payments, capital markets, lending, cross-border payments, and treasury management.

Stablecoins Aren’t For Banks—Here’s Why!

Recently, we have seen a spate of institutions announce the launch of their own stablecoins, including Societe General, Revolut, and now Bank of America is considering weighing in. One has to question why, though? USDT and USDC - the biggest stablecoins in the industry already account for $200 billion of crypto’s AUM.

$350+ Bn Cryptocurrency Exchange Platform Market Opportunities and Strategies to 2033

The global cryptocurrency exchange platform market reached a value of nearly $34.97 billion in 2023, having grown at a compound annual growth rate (CAGR) of 18.57% since 2018. The market is expected to grow from $34.97 billion in 2023 to $109.1 billion in 2028 at a rate of 25.55%. The market is then expected to grow at a CAGR of 26.40% from 2028 and reach $352.02 billion in 2033.

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Competitor analysis

Leaders in the ratio of valuation to investment

The histogram shows the ratio of the company's value to the volume of investments received. The post-money estimate of the last round is taken as the cost of the company. The volume of investments is the amount of funds raised by the company during all rounds + debt financing. The histogram shows the coefficient obtained by dividing the value of the company by the amount of investments received by it. Accordingly, the higher the coefficient, the better: the less money the company needed to achieve its valuation. The companies on the histogram are arranged in descending order of the coefficient.

Growth rates of companies in the sector

This chart illustrates the progression of private companies' official valuations over time. The post-money valuation of the company during each official financing round is depicted. Each data point represents an investment round, with the company's valuation expressed in US dollars. The timeline is displayed in quarters. By default, the most recent quarters are visible, but you can navigate to earlier periods using the left scroll. To view the chart in full screen, utilize the chart submenu options.