Kraken-related SPAC seeks potential merger targets, with the

Kraken-related SPAC seeks potential merger targets, with the target company's actual valuation likely approaching $2 billionOn March 14, cryptocurrency exchange Kraken's associated special purpose acquisition company (SPAC) KRAKacquisition Corp. announced that it has begun searching for potential merger targets, with a maximum valuation of the target company possibly reaching $10 billion. Its goal is to integrate a mid-cap company with this cryptocurrency exchange. At the time of seeking the acquisition, Kraken is also considering its own IPO.

.css-1iqe90x{box-sizing:border-box;margin:0;min-width:0;color:#EAECEF;}Kraken-related SPAC seeks potential merger targets, with the target company's actual valuation likely approaching $2 billion

Kraken-related SPAC seeks potential merger targets, with the target company's actual valuation likely approaching $2 billion