Crypto platform Kraken is raising capital at $20 billion valuation ahead of its planned IPO
Payward, the parent company of cryptocurrency platform Kraken, is raising new funding at a valuation of $20 billion, according to two people familiar with the matter. Kraken declined to comment on the raise. The latest round of funding comes as the company ramps up spending on acquisitions. It recently acquired stablecoin-focused payments company Reap for…