Kraken

Another week, another wave of Kraken updates 👇 💼 Raised 800 million to support continued growth and expansion 🇪🇺 Kraken Custody is now available in Europe 🔐 Scam Awareness Week - stay skeptical, stay calm, always verify #KrakenIn60 Pete Rizzo

This week in crypto 👇 💥 Bitcoin slipped below $90K for the first time in 200 days 🏛️ The CBOE plans to launch perpetual-style futures for BTC and ETH on December 15 🧩 Vitalik Buterin unveiled Kohaku, Ethereum’s new privacy toolkit featuring stealth addresses and ZK tech 📉 DappRadar announced it’s winding down after seven years Watch the full two-minute recap for this week’s headlines.

Builders wanted. Welcome to Kraken Forge — our first global engineering hackathon. Tackle real challenges from Kraken’s stack: ⚙️ SDKs 📊 Orderbook tools 🧩 Strategy builders Registration is open 👇 https://lnkd.in/enBUgb-R

Ready to finish 2025 on a high note? There’s still time to make Q4 the quarter that levels up your career. 💪 Check out this week's Hot Jobs at Kraken 👇 Senior Software Engineer - Growth Platform: https://lnkd.in/enfSNTdQ Engineering Manager - Payments & Blockchain: https://lnkd.in/eV83WKEB Backend Software Engineer - Backend - Payments: https://lnkd.in/ebsNNQ8k Senior Product Manager - Pro - Tax Reporting: https://lnkd.in/e_G6GU42 Senior Product Manager - Margin - Regulatory: https://lnkd.in/egTwCH4A

Kraken is hiring and the Finance team has some really exciting open roles! Come join our amazing team! https://lnkd.in/gMrBv5uD

We just announced that Kraken has raised $800M, a milestone that reflects years of work, discipline, and conviction. I am proud of our team and grateful for the partners who chose to join us. But this is not a post about a fundraise. I want to share the side of the story people rarely talk about. The real story lives long before the headline. At Tribe Capital, we built our firm around data, truth seeking, and conviction. Before Tribe, I worked with some of the best quantitative and growth minds in the world, people who built the systems behind the largest trillion dollar companies. Those frameworks shaped how I think about risk, experimentation, and long term outcomes. In 2022, everything changed. U S markets lost nearly $11T in value. Crypto lost more than $1T. Fear spread everywhere. Some conservative LPs who had lost money in FTX urged me to walk away from crypto entirely and settle accounts. They were responding to reputational fear, not data. Venture is supposed to be about partnership, long term innovation, and return multiples earned through conviction. Yet in that moment, many lost sight of that. At the same time, private markets froze until the release of ChatGPT. And during this period, I was personally debanked by SVB, FRB, and others. These moments test conviction. Instead of stepping back, we stepped forward. Tribe deployed more capital in 2022, 2023, and 2024 than in the years before. We leaned into the companies we believed would define the next decade. One of those companies was Kraken. Jesse Powell, a partner and a friend, chose to bet on me at the exact moment I was doubling down on him. When many were retreating, Jesse leaned in. When others questioned whether crypto had a future, he committed to building. That shared conviction is what led me to join Kraken full time. When I became Co-CEO, that conviction became personal. I doubled down with my time, attention, and capital. My parents and my family, including my kids, supported me, and I love them for their support and their capital. Through Tribe and our family office, we committed more than $100M into the first tranche of this new round when Kraken had raised only $27M in primary capital before. I am grateful to the partners who joined alongside me in that first tranche, including DRW, Hongshan (Sequoia China), Jane Street , Oppenheimer, IMC Trading, Wintermute, and many others. And I am proud to welcome Citadel as our partner in the second tranche, bringing total capital raised to $800M for Kraken. Kraken and Tribe share a vision for what comes next. A unified liquidity and collateral system. A new architecture for financial services. A global platform that brings traditional and open finance together for everyone. This journey has never been about being right in a single moment. It has always been about staying right over the long run. Arjun https://lnkd.in/gTuh_cJT

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