X @Wu Blockchain

According to Decrypt, KRAKacquisition Corp., a SPAC associated with the crypto exchange Kraken, is seeking potential acquisition targets with valuations up to $10 billion, though they could be closer to $2 billion. The firm completed an approximately $345 million IPO in January and is targeting crypto-native companies in sectors including stablecoins, asset tokenization, DeFi, and payments. This move comes as Kraken plans to advance its own IPO later this year. ...