Kraken Digital Asset Exchange Revenue and Competitors

Location

$136.1M

Total Funding

Fintech

Industry

Estimated Revenue & Valuation

  • Kraken Digital Asset Exchange's estimated annual revenue is currently $111.4M per year.(i)
  • Kraken Digital Asset Exchange received $100.0M in venture funding in February 2019.
  • Kraken Digital Asset Exchange's estimated revenue per employee is $165,100
  • Kraken Digital Asset Exchange's total funding is $136.1M.
  • Kraken Digital Asset Exchange's current valuation is $10B. (February 2021)

Employee Data

  • Kraken Digital Asset Exchange has 675 Employees.(i)
  • Kraken Digital Asset Exchange grew their employee count by -61% last year.

Kraken Digital Asset Exchange's People

NameTitleEmail/Phone
1
Co-Founder, Chairman the BoardReveal Email/Phone
2
CEO and Managing Director at Kraken FinancialReveal Email/Phone
3
Chief Commercial OfficerReveal Email/Phone
4
Chief Operating Officer, CanadaReveal Email/Phone
5
Chief Technology OfficerReveal Email/Phone
6
Group Chief Financial OfficerReveal Email/Phone
7
CMOReveal Email/Phone
8
Chief Operating and Product OfficerReveal Email/Phone
9
Chief Product OfficerReveal Email/Phone
10
Chief Legal OfficerReveal Email/Phone
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$1239.9M1362513%N/AN/A
#2
$5920M62920%$552.3M$60.2B
#3
$308.2M16581%$1.1B$3B
#4
$22M154N/AN/AN/A
#5
$16.9M130-29%N/AN/A
#6
$59.8M368-7%N/AN/A
#7
$1.5M17N/AN/AN/A
#8
$57M351N/AN/AN/A
#9
$30.2M211-14%N/AN/A
#10
$155.4M83610%$180M$10B
#11
$0.9M12N/AN/AN/A
#12
$14.3M110N/AN/AN/A
#13
$58.8M362N/AN/AN/A
#14
$0.5M11N/AN/AN/A
#15
$1.6M18N/AN/AN/A
#16
$4.9M47N/AN/AN/A
#17
$274.8M1478-2%$423.9M$7.1B
#18
$0.6M90%N/AN/A
#19
$40M173N/AN/AN/A
#20
$4.2M40N/AN/AN/A
Add Company

What Is Kraken Digital Asset Exchange?

Based in San Francisco, Kraken is the world's largest global bitcoin exchange in euro volume and liquidity. Kraken's clients also trade US dollars, Canadian dollars, British pounds, Japanese yen and other digital currencies, including ether, on a platform consistently rated the best and most secure bitcoin exchange by independent news media. Founded in 2011, Kraken was the first bitcoin exchange to have its market data displayed on the Bloomberg Terminal, the first to pass a cryptographically verifiable proof-of-reserves audit, a partner in the first cryptocurrency bank, and one of the first exchanges to offer leveraged bitcoin margin trading. Kraken is trusted by millions of traders, institutions, and authorities across the world, from Toyko's court-appointed trustee to Germany's BaFin regulated Fidor Bank. In January 2016, Kraken announced that it was acquiring prominent bitcoin exchanges Coinsetter and Cavirtex to expand into American and Canadian markets. Kraken is backed by investors including, Money Partners Group, Hummingbird Ventures, Blockchain Capital, and Digital Currency Group, among others. "We wake up every single day determined to change the world by delivering a great exchange. Bitcoin is more than just a new way to make purchases. It's even more than a protocol for exchanging value over the internet without an intermediary. We are empowering people to live simply, efficiently and more connected to others. We put our clients best interests first and foremost. They are at the heart of our company and drive everything we do. We believe in having a laser focus when pursuing our strategic goals and participate only in markets where we can make a significant contribution. We believe in complete transparency, deep collaboration and we never forget that people come first. Having this mindset allows us to grow and advance at a rate which others cannot." - Jesse Powell, CEO of Kraken

keywords:saas, Banking,Bitcoin,Enterprise Software,Finance,Human Resources Hr,Information Security,Payments,Security

$136.1M

Total Funding

675

Number of Employees

$111.4M

Revenue (est)

-61%

Employee Growth %

$10B

Valuation

N/A

Accelerator

Kraken Digital Asset Exchange News

2022-03-30 - Kraken Supports Bitcoin's Lightning Network After Delayed ...

Kraken has implemented Lightning Network to provide clients with ... an effort to help accelerate use of the asset as a medium of exchange.

2022-03-22 - With Routing Number, Crypto Exchange Kraken’s Bank Closing in On Global Payments Rails

With Routing Number, Crypto Exchange Kraken's Bank Closing in On ... in cryptocurrency to incorporating digital assets into investment and...

2022-03-22 - Kraken Hits Key Milestone in Quest to Gain Fed Account, Equal Treatment With Traditional Banks

Kraken Bank, the Wyoming subsidiary of the Kraken crypto exchange, ... Wyoming-based digital asset bank Kraken Bank moved a step closer...

2021-07-29 - Cryptocurrency Exchange Kraken Marks 10th Anniversary with $300,000 Education Grant to University of Wyoming

Kraken is excited to announce it has officially partnered with the University of Wyoming to launch a multi-year education effort designed to prepare the next generation for a digital asset-powered economy. To benefit students and educators of all ages in the state, the program marks Kraken’s la ...

2021-07-26 - Kraken Robotics : Announces Closing of $10 Million Bought Deal Financing

ST. JOHN’S, Newfoundland and Labrador, July 26, 2021 (GLOBE NEWSWIRE) -- Kraken Robotics Inc. (“Kraken” or the “Company”) (TSX-V: PNG, OTCQB: KRKNF), is pleased to announce it has closed its previously announced “bought deal” short form prospectus offering (the “Offering”) of units of the Compan ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$120.4M6771%$225M
#2
$120.9M680-7%$719M
#3
$191.1M68413%$770M
#4
$174.4M68446%N/A
#5
$112.9M68413%$770M

Kraken Digital Asset Exchange Funding

DateAmountRoundLead InvestorsReference
2014-03-26$5.0MAHummingbird VenturesArticle
2016-04-14$UndisclosedBMoney Partners GroupArticle
2019-02-05$100.0MUndisclosedArticle