Kraken-backed KRAKacquisition Corp completes a $345 million IPO

KRAKacquisition Corp, a special purpose acquisition company (SPAC) backed by cryptocurrency exchange Kraken, announced on January 30, 2026, that it had closed the upsized offering of 34.5 million units at $10 per unit after it completed a $345 million initial public offering. The company’s units began trading on the Nasdaq Global Market under the ticker […]