[Kraken Seeking New Funding at $20 Billion Valuation] September 27 news: According to sources familiar with the matter, cryptocurrency exchange Kraken is in discussions with strategic investors for a new round of funding, with an estimated valuation of approximately $20 billion. The funding amount is expected to range between $200 million and $300 million, though it has not been finalized and may be a fundraising move ahead of a potential IPO.