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Kraken parent Payward seeks fresh funding at $20 billion valuation ahead of planned IPO

crypto CoinDesk By Will Canny Mon, 11 May 2026 18:42:27 GMT 1 min read
Kraken parent Payward seeks fresh funding at $20 billion valuation ahead of planned IPO

The crypto exchange operator is pursuing a new fundraising round as it ramps up acquisitions across derivatives and stablecoins while laying the groundwork for a future public listing.

The crypto exchange operator is pursuing a new fundraising round as it ramps up acquisitions across derivatives and stablecoins while laying the groundwork for a future public listing.

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