Insider: Kraken parent company Payward is raising funds at a $20 billion valuation

Techub News, according to CoinDesk, Payward, the parent company of cryptocurrency exchange Kraken, is conducting a new round of funding at a valuation of $20 billion. The specific amount and investors of this funding round have not yet been disclosed. Kraken is a globally renowned cryptocurrency exchange, and this funding valuation reflects the market's recognition of its parent company's business value.