# Kraken

**Source:** https://www.startuphub.ai/startups/kraken
**Profile type:** Startup

> A leading global cryptocurrency exchange offering trading, staking, and financial services.

## About

Kraken is a US-based cryptocurrency exchange founded in 2011, known for its security and liquidity. It offers a wide range of services including spot trading, margin trading, derivatives, staking, and institutional accounts. Kraken has expanded into traditional finance, offering trading in stocks and ETFs, and aims to provide regulated infrastructure for the open financial system.

## Key facts

- **Slug:** kraken
- **Website:** https://www.kraken.com/
- **Location:** Cheyenne, United States
- **Founded:** 2011-07-28
- **Employees:** 1123
- **Operating status:** Active
- **Total funding:** $1.1B
- **Sectors / tags:** Cryptocurrency Exchange and Services, Fintech, Blockchain Technology, Cryptocurrency Exchange, Digital Assets, Trading Platform, Financial Services
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/krakenfx
  - Twitter: https://x.com/krakenfx
  - Facebook: https://www.facebook.com/KrakenFX

## Frequently asked

### What does Kraken do?

Kraken is a US-based cryptocurrency exchange founded in 2011, known for its security and liquidity. It offers a wide range of services including spot trading, margin trading, derivatives, staking, and institutional accounts. Kraken has expanded into traditional finance, offering trading in stocks and ETFs, and aims to provide regulated infrastructure for the open financial system.

### What is Kraken's valuation?

StartupHub estimates Kraken's effective valuation at $852.9M (range $597.0M to $1.1B, 40% confidence), based on comparable companies in the sector.

### How much funding has Kraken raised?

Kraken has raised a total of $1.1B in funding. The most recent round on record is Series B.

### Where is Kraken headquartered?

Kraken is headquartered in Cheyenne, United States.

### When was Kraken founded?

Kraken was founded in 2011.

### What industry does Kraken operate in?

Kraken operates in Cryptocurrency Exchange and Services, Fintech, Blockchain Technology, Cryptocurrency Exchange, Digital Assets, Trading Platform.

### How many employees does Kraken have?

Kraken has approximately 1123 people on record.

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