Kraken Recieves Series B Round from Japan-based Money Partners Group

[kreslik.news]

Japan-based Money Partners Group has led the latest series B round of funding for US-based cryptocurrency exchange operator Kraken, according to an official company press release today, and which cited that the terms of the deal were not disclosed.

Money Partners Group is based in Tokyo and listed on the Tokyo Stock Exchange (TSE) with a market capitalization of over $260 million, and the series B round into Kraken follows after SBI investments -also based in Japan – had made a multi-million dollar series B round earlier in February.

Apparently, there is growing support from Japanese brokerages into the prospects for ... (read more)