Will Kraken's valuation hit __ by December 31?
$90.2K Vol.Closes Jan 1, 2027
↓$9B$8.4K Vol.66%
↑$12.5B$14.5K Vol.53%
↑$17.5B$13.8K Vol.27%
↓$8B$7.7K Vol.27%
↑$15B$16.4K Vol.24%
↑$20B$8.9K Vol.16%
↑$22.5B$3.3K Vol.12%
↑$25B$13.3K Vol.8%
Kraken is a private cryptocurrency exchange currently valued significantly above $9 billion, with its last confirmed valuation reaching $20 billion in late 2025.
The company is led by founder Jesse Powell and is seeking to navigate a paused IPO timeline while maintaining its position as a major crypto trading platform.
Private valuations for Kraken are tracked by Nasdaq Private Market (NPM), which reported a $20 billion valuation in November 2025 before a temporary dip to $10.6B in March 2026.
allied.vcpremieralts.comFalling below $9 billion would represent a more than 50% loss from its late 2025 peak, signaling severe market contraction or operational distress for the exchange.
allied.vcNote: The market resolves on the NPM Price reported by Nasdaq Private Market, which is updated daily and only published for trading days; a temporary dip below $9B on a non-trading day would not resolve the market if the official NPM report stays above the threshold.
Kraken raised $800 million in its most recent funding round at a $20 billion valuation, marking a 33% increase from its prior $15 billion round.
allied.vcKraken paused its planned IPO listing due to difficult market conditions after filing a confidential S-1 with the SEC in November 2025.
forgeglobal.comNasdaq Private Market estimated Kraken's price per share at $32.94, implying a valuation near its November 2025 peak.
nasdaqprivatemarket.comAI-generated briefing. AI can make mistakes. This is not financial advice.
Kraken achieved a $20 billion valuation in November 2025 following two funding rounds totaling $800 million, establishing a high floor well above the $9 billion threshold.
allied.vcAnalyst models project Kraken could reach $18–25 billion at IPO if crypto markets thrive through 2025, with FY 2025 revenue expected to reach ~$2.2 billion.
insights4vc.substack.comNasdaq Private Market's July 2026 share price estimate of $32.94 suggests the valuation has recovered from its March 2026 dip of $10.6B and remains near its 2025 peak.
nasdaqprivatemarket.compremieralts.comAI-generated briefing. AI can make mistakes. This is not financial advice.
Kraken's valuation dropped to $10.6 billion as of March 18, 2026, representing a significant decline from its $20 billion high and showing vulnerability to market volatility.
premieralts.comThe company paused its IPO listing in March 2026 due to difficult market conditions, potentially delaying the catalyst needed to re-establish or grow its valuation.
forgeglobal.comIf crypto markets stagnate or regulatory pressures increase, Kraken's revenue growth could slow, making it difficult to justify valuations far above the $9 billion mark without a successful public listing.
insights4vc.substack.comAI-generated briefing. AI can make mistakes. This is not financial advice.