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Expert Predicts Bitcoin Price Could Fall To $45,000 By End Of 2026
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Home BlockchainBlank Check Firm Linked to Crypto Exchange Kraken Raises $345 Million in Upsized IPO
Blockchain

Blank Check Firm Linked to Crypto Exchange Kraken Raises $345 Million in Upsized IPO

by Vivek Kumar
written by Vivek Kumar 0 comments
Blank Check Firm Linked to Crypto Exchange Kraken Raises $345 Million in Upsized IPO

In brief

  • A Kraken-affiliated SPAC completed its IPO this week and raised $345 million.
  • The firm, KRAKacquisition Corp, is now trading on the Nasdaq as KRAQU.
  • It intends to combine or merge with a firm adjacent to digital assets.

KRAKacquisition Corp, a special purpose acquisition company (SPAC) linked to crypto exchange Kraken, raised $345 million in the completion of its upsized IPO this week.

The firm—which trades as KRAQU on the Nasdaq—sold 34,500,000 shares at $10 each, with an additional…

Crypto news writer decoding markets, on-chain data, and regulation, delivering sharp analysis, timely insights, and clear narratives that help readers navigate volatility with confidence globally.

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