The well-known cryptocurrency exchange Kraken has held preliminary talks for a $20 billion acquisition agreement with an unknown investor. a Bloomberg Report On Friday, it showed that the proposed deal would also include strategic investments ranging from $200 million to $300 million.
Rumors of the IPO heat up as Kraken bags $500 million at a $15 billion valuation to burn the talk of the imminent IPO. Ready to ride your next bull run? #crypto #kraken Sometimes I catch dreaming of trading in my pajamas all day
– Mia Satoshi (@Miadubai777) September 26, 2025
Following official confirmations, the impending $20 billion deal shows a substantial repricing of the crypto exchange valuation compared to Kraken’s latest $500 million salary increase of $15 billion. This highlights the reinforced perception of Cryptocurrency exchange Between investors responding to an increase in corporate demand from the Trump administration over the past year and the green light of new regulations.
Kraken upward rating lifts crypto exchange department
The growing ratings of Kraken have sparked a strong price movement among rival exchange tokens. The broader centralized exchange sector has skyrocketed 3.24% in the last 24 hours, reflecting an inflow of over $4.7 billion as its total market capitalization reached $162 billion on Saturday, September 27th.
The centralized Crypto Exchange sector will rise 3.2% on September 27, 2025. Source: CoinMarketCap
BNB led the rally, rising 3.3% to $972, supported by liquidity influx and speculative sentiment. FTX’s FTT token also won 3%, trading at $0.90, and was supported with the hopes of a market capitalization of $298 million. Creditor’s repayment It is scheduled to start on Monday.
OKB and Bitget’s BGB tokens also posted modest benefits, benefiting from the positive momentum from Kraken’s upward rating. However, other exchange link tokens such as Cronos (CRO) and Leo reflect selective demand flows across the sector.
Best Wallet Presale exceeds $16.1 million in Exchange Token Rally
In addition to Exchange Token Rally, early stage projects are also attracting investors’ attention. One of the most notable cases is Best Wallet (Best), a multi-chain storage solution with institutional grade security.
Best Wallet (Best) Pre-Sale
At the time of pressing, Best Wallet’s Presale raised more than $16.1 million. More than 24 hours before the next price tier is unlocked, investors can still get tokens for $0.0257. Official Website Unlock the benefits of early storage.
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Ibrahim Ajibade is a veteran research analyst with a background in supporting a variety of Web3 startups and financial organizations. He holds a bachelor’s degree in economics and currently holds a master’s degree in blockchain and distributes ledger technology at the University of Malta.
Ibrahim Ajibade on LinkedIn