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KRAKacquisition Corp Announces Closing of Upsized $345 Million Initial Public Offering and Full Exercise of Over-Allotment Option
Globenewswire· 2026-01-30 12:00
Core Viewpoint - KRAKacquisition Corp successfully closed its upsized initial public offering, raising gross proceeds of $345 million through the sale of 34,500,000 units priced at $10.00 each, including an additional 4,500,000 units from the underwriter's over-allotment option [1] Group 1: IPO Details - The units began trading on the Nasdaq Global Market under the ticker symbol "KRAQU" on January 28, 2026 [2] - Each unit consists of one Class A ordinary share and one-fourth of one redeemable warrant, with each warrant allowing the purchase of one Class A ordinary share at a price of $11.50 [2] - The Class A ordinary shares and warrants are expected to be listed separately under the ticker symbols "KRAQ" and "KRAQW" once they begin trading separately [2] Group 2: Company Purpose and Structure - KRAKacquisition Corp was formed to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses [3] - The Company has not selected any specific business combination target and has not engaged in substantive discussions with any potential targets [3] Group 3: Underwriting and Registration - Santander US Capital Markets LLC is acting as the sole underwriter for the offering [4] - A registration statement on Form S-1 became effective on January 27, 2026, in accordance with the Securities Act of 1933 [5]
Gold & Silver All-Time Highs! What Does This Mean For Crypto?
Bankless· 2026-01-30 11:30
Bankless Nation is the last week of January. It's time for the Bankless weekly rollup. We got markets in a little bit of a tumble right now. David, I was getting ready to say gold and silver are unstoppable because they have been on the week, but now things are reversing. At least for a moment. At least for a moment. >> Well, we do got to talk about gold and uh silver all-time highs this week. Peter Schiff taking victory laps of course. Also, >> he's earned it. Did you know, David, Tether has a nuclear resi ...
X @Kraken
Kraken· 2026-01-30 09:54
What are xStocks?Our VP of Consumer Product, @marklg, and xStocks General Manager, @valgui1, sat down at the NYSE with @theCUBE to discuss how we are enabling public equities onchain and what’s ahead for tokenized assets. https://t.co/E3oqbiyyDExStocks (@xStocksFi):Public equities, onchain.Here’s what that enables, with our General Manager @valgui1 and @krakenfx’s VP of Consumer Product, @marklg, explaining how xStocks work.Watch the full interview at the NYSE with @theCUBE:https://t.co/JWejk7udnG https://t ...
X @Kraken
Kraken· 2026-01-30 01:48
RT Dave Ripley (@DavidLRipley)The Senate Agriculture Committee advancing its market structure bill today is an important milestone toward clarity for U.S. spot crypto markets. Credit to @JohnBoozman for his leadership moving this bill forward.The right approach is straightforward: hold centralized intermediaries to clear standards because that’s where most volume flows. Don’t confuse that with trying to regulate software.This bill moved out of Committee on a partisan basis, but we’re looking forward to cont ...
X @Kraken
Kraken· 2026-01-29 18:42
RT Arjun Sethi (@arjunsethi)Today, the @SenateAg advanced its version of a crypto market structure bill, an important step in the Senate process.Most of the real activity in crypto doesn’t happen in code. It happens in centralized intermediaries: firms that custody customer assets, operate marketplaces, set listing standards, and intermediate access. That’s where accountability lives. That’s where market structure should begin.Posture matters.When legislation is clear-eyed about intermediaries, we get enfor ...
X @Bitget Wallet 🩵
Bitget Wallet 🩵· 2026-01-29 18:18
$BGB on Kraken soon 🩵Kraken (@krakenfx):💎 Coming soon to Kraken$BGB is the native utility token for the @MorphNetwork, @bitget, and @BitgetWallet ecosystems, powering native gas fees, governance, and onchain payment settlement.Trading starts Jan 30 at 15:00 UTCGet ready → https://t.co/WLTWR7yLHl https://t.co/q9tFfx8pfW ...
3 Crypto Tax Mistakes That Will Get You Audited
Digital Asset News· 2026-01-29 17:32
How to NOT get audited on your crypto taxes. The links below may include affiliate links, which means I may receive a commission at no cost to you if you make a purchase through a link. You DO NOT have to use the links but you will not receive any bonus if offered. Not investment advice. Crypto investing and trading involves risk of loss. 📈CRYPTO TAX Software I use + FREE Portfolio Tracker!! *affiliate link* 📉HOW TO USE Video - http://bit.ly/dantaxes 📈20% OFF - https://coinledger.io/?fpr=d729l 📉Coupon Code: ...
X @Ignas | DeFi
Ignas | DeFi· 2026-01-29 16:20
Tether is the new bank.Similarly to banks, why would Tether give the yield if they can keep it?We are just shifting power from one group of players to other corporations while users and decentralization suffers.Yet, we will do well.People will flee to Defi to earn yield.We can see Kraken and Coinbase creating Cefi wrapper vaults on Defi.This will generate fees to our beloved defi platforms, making their tokens valuable.Whatever happens, we will do well.Solid Intel 📡 (@solidintel_x):INTEL: Tether backed a U. ...