Kraken is in advanced talks to raise new funding that could value the crypto exchange at about $20 billion, as the company steps up capital-raising efforts ahead of a potential public listing. Most Read from Bloomberg The funding, which is not yet finalized and remains subject to market conditions, would consist of a $200 million to $300 million commitment from a strategic investor, according to a person familiar with the discussions who declined to be named citing confidentiality. It would follow Krake ...

Platform Innovation & Expansion - LBank launched tokenized equity trading via xStocks integration, offering 24/7 access to assets like $MSTRX and $CRCLX [1] - Introduced a new Points System to reward community activity, aiming to increase retention [1] Market Performance & Listing Strategy - Odaily's report recognized LBank's strength in derivatives growth and meme/niche asset discovery [2] - LBank listed 72 tokens in July, with over 50% being meme coins [2] - 10 tokens gained over 500%, and 5 tokens exceeded 1,000% gain [2] - $TAP2 hit a peak gain of 19,592% [2]