Kraken raised $42.5M in a grant from Optimism to launch Ink, a layer-2 on the Optimism blockchain.

Nov 02, 2024•about 1 year ago

Amount Raised

$42.5 Million

CheyenneFinanceFintech

Investors

Optimism

Description

Kraken has secured a $42.5 million grant from Optimism for the development of its new layer-2 solution, Ink. This funding brings the exchange’s total raised funds to $164.8 million.

Company Information

Company

Kraken

Location

106 East Lincoln Way 4th Floor

Cheyenne, Wyoming, United States

About

Kraken is one of the world’s longest-standing and most secure crypto platforms. Our mission is to accelerate the global adoption of crypto, so that everyone can achieve financial freedom and inclusion. Globally, Kraken clients trade more than 200 digital assets and 6 different national currencies, including GBP, EUR, USD, CAD, CHF, and AUD.

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