₿ **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.

🔗 https://www.coindesk.com/business/2026/05/08/kraken-parent-payward-seeks-fresh-funding-at-usd20-billion-valuation-ahead-of-potential-ipo

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