KRAKEN SAID TO BE RAISING OVER $100M PRE-IPO FUNDING

Summary from the TLDR Crypto newsletter

Crypto exchange Kraken is looking to raise more than $100 million as part of plans to go public in the United States. Rumors have been circulating about Kraken's plans to go public for the past few years, but the firm has recently been fighting accusations from the SEC about operating an unregistered brokerage. The round could be completed by the end of the year.