Wu Blockchain (@WuBlockchain): KRAKacquisition Corp. a SPAC associated with the crypto exchange Kraken, is seeking potential acquisition targets with valuations up to $10 billion, t…
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KRAKacquisition Corp. a SPAC associated with the crypto exchange Kraken, is seeking potential acquisition targets with valuations up to $10 billion, though they could be closer to $2 billion. The firm completed an approximately $345 million IPO in January and is targeting crypto-native companies in sectors including stablecoins, asset tokenization, DeFi, and payments. This move comes as Kraken plans to advance its own IPO later this year. https://x.com/DecryptMedia/status/2032555673377017860