Cryptocurrency is preparing to raise $ 500 million in new funding, which is aimed at evaluating $ 15 billion.
Summary
- Crackon is targeting $ 15B valo by increasing $ 500m to support.
- Talent and clarity acts such as American Crypto laws definitely bring more regulators and encourage investors.
- Kraken
The report published by the information, confirmed by Reuters on July 30, cite people familiar with the matter. The securities were dismissed after one use months after the possible growth and this year dismissed the Commission Commission’s trial against the Crackon in the earrier, opening the forehead for relief and development from regulatory obstacles.
Institutional interest in cryptocurrency has increased in 2025, which is considered an example by clear rules in the US, the Genius Act, which was selected in mid -July, meets new requirements for Stabelcoin issuers and determines reserved standards that align with traditional finance.
Another bill, the Clarity Act, which was passed by the House During “Crypto Week” proposes that the Commodity Futures clarifies its inspection about the fact of cryptocurrency for the Futures Trading Commission.
These changes mark a change from the pre -urertai and are more confidently incorporating institutional investors in English with the field. Crackon attracts late-stage capital to companies such as Bitgo and Grassscale as they prepare for potental public listing.
Crackon’s global expansion strategy
Established in 2011 and in the United States, Crackon has provoked influencers to discuss their proposals and expand globally. In March, it acquired the Futures Trading Platform Ninjatrader at $ 1.5 billion. It also launched the KRAK app in June, supporting global payment in over 300 digital and FIAT assets in 110 countries.
Crackon now holds Micah, Miffid and EMI licenses in Europe and UK, and has expanded Latin America with local currency support in Argentina and Mexico. The additional product launch includes an ultra-draw latony colocation service, token stock, and stacking with bitcoin (BTC) Babylon.
The company’s revenue in 2024 was $ 1.5 billion, which was 128% from the previous year, and its adjusted Ebitda was $ 424 million. With a delay of 99.9% uptime and less than two milliseconds, it managed more than 2.5 billion trades. Its 24-hour trading volume tops more than 450 cryptocurrency and $ 1 billion in several fiat pairs.