đ¨ JUST IN: đŚđŁ Kraken-linked SPAC debuts on Nasdaq after $345M IPO
KRAK Acquisition Corp, a Kraken-linked SPAC, has closed an upsized $345 MILLION IPO and is now trading on Nasdaq under ticker KRAQU. $SENT
KEY DETAILS:
⢠Entity: KRAK Acquisition Corp (Kraken-linked)
⢠IPO size: $345M (up from $250M planned)
⢠Ticker: KRAQU $PAXG
⢠Exchange: Nasdaq
⢠Trading start: Jan. 28 $NOM
WHY IT MATTERS:
⢠Signals renewed appetite for crypto-adjacent public listings
⢠Shows institutional demand despite market volatility
⢠Positions Krakenâs ecosystem closer to U.S. public markets access
BOTTOM LINE:
Crypto Is Quietly Re-Entering Wall Street.
When Kraken-Linked Vehicles Hit Nasdaq, The IPO Window Is Cracking Open Again đđĽ