Kraken-Linked SPAC Could Target Crypto Firm Valued at Up to $10 Billion
By André Beganski
Published on March 13, 2026.
KRAKacquisition Corp., a special purpose acquisition company, is looking for a target that could be worth up to $10 billion. The firm, sponsored by an affiliate of crypto exchange Kraken, has not yet determined what the target could look like. Director Ravi Tanuku noted increased interest in firms associated with stablecoins and tokenization last year. The company's interest in helping small- and mid-cap companies explore public markets reflects its broader interest in investing in smaller companies.
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