Kraken Secures $100M in Funding: Report
Kraken has raised $100 million at a $15 billion valuation, not long after postponing its IPO to 2026.
Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
Kraken has raised $100 million at a $15 billion valuation, not long after postponing its IPO to 2026.
Let’s explore the key crypto updates shaping market sentiment on Sept. 26.
CleanSpark established a new $100 million Bitcoin-backed credit facility with Two Prime, bringing its total collateralized lending capacity to $400 million for data center expansion and HPC initiatives.
Bitcoin fell below $110,000 amid global market volatility, posting 5% Thursday losses while US ETFs recorded $241 million inflows and DCC Enterprises bought another 50 BTC.
Franklin Templeton expands its $742M Benji Fund to BNB Chain, boosting BNB’s breakout to $10K.
Solana plunged below $200 on Thursday, hitting a 23-day low of $197.65 with over $45 million in long positions liquidated as bearish sentiment dominates.
AI infrastructure firm Fluidstack secures a $3 billion, 10-year agreement with crypto miner Cipher for 168 MW of IT load, with Google backing $1.4 billion of lease obligations for a 5.4% equity stake.
Cloudflare unveiled NET Dollar, a USD-backed stablecoin designed for AI agents to conduct automated transactions, aiming to create a new internet business model beyond advertising.
Zcash has doubled in value from September 2024 to 2025, reaching $56.29 as prominent crypto figures advocate for privacy coins and ZEC gains mainstream attention.
Robinhood’s official listing of World Liberty Financial’s WLFI token triggered a 3% surge, breaking above $0.20 resistance as the Trump-backed project gains access to millions of retail traders.
SharpLink Gaming aims to be the first public company to tokenize its stock on Ethereum, partnering with Superstate to enhance market efficiency.
The Plasma blockchain debuted its native token, XPL, on major exchanges including Binance and OKX, hitting a market cap of $2.8 billion.
Blockstream CEO Adam Back took to X to send an important notice to critics of the Bitcoin P2P node system.
Gate exchange has launched Gate Layer, a high-speed Layer 2 network, with the GT token set to power all gas fees.
Naver Financial is reportedly preparing to acquire Upbit operator Dunamu in a stock swap deal.