This week in crypto, Kraken announced the completion of a $500 million funding round at a $15 billion valuation. Meanwhile, Tether is also exploring a major fundraising as it eyes a $500 billion valuation in a deal that could make it one of the most valuable companies in the world. Meanwhile, the US Senate has scheduled a hearing to examine the subject of taxation of crypto assets. Here are some of the biggest developments of the week.
Business
Cryptocurrency exchange Kraken has completed a $500 million funding round at a $15 billion valuation. The raise comes amid rumors that the exchange is preparing for an initial public offering (IPO). The funding round saw participation from several firms and investors, and did not have a lead investor.
Naver Financial is set to acquire Dunamu, the entity operating Upbit, one of South Korea’s most prominent cryptocurrency exchanges. The acquisition will be completed via a share-swap deal and will make Dunamu a wholly-owned subsidiar
We współpracy z: https://cryptodaily.co.uk/2025/09/crypto-weekly-roundup-kraken-and-tether-make-bank-more
