Another big move in the crypto market â and this time itâs heading straight to Nasdaq.
A Kraken-affiliated SPAC called KRAK Acquisition Corp. has officially filed for a $250M IPO. Yes⊠the TradFiâCrypto barrier is disappearing day by day.
đ° Classic SPAC Structure: 25M Units Ă $10 = $250M Raise Target
Everything follows the standard SPAC playbook:
đ 25 million units
đ $10 per unit
đ Total raise = $250 million
And each unit includes:
1 Class A share
1/4 warrant, meaning investors get additional upside if the future deal performs well.
đŻ Target: The Entire Crypto & Digital Asset Ecosystem
The SPACâs mission is simpleâfind a high-potential Web3 or blockchain-focused company to acquire or merge with:
Blockchain infrastructure
Tokenization platforms
Digital payments
Crypto-native financial services
Basically, whichever team is building the next big wave of Web3 innovation â thatâs their target.
đ€ Serious Sponsors Behind It
Backing this SPAC are heavy hitters:
A Kraken affiliate
Tribe Capital
Natural Capital
This level of sponsorship is rare for a standard SPAC. Itâs a clear signal that crypto isnât knocking on TradFiâs door anymore⊠itâs walking right in.
đ Important: This Is NOT Krakenâs IPO
A lot of people seem confusedâ
This isnât Kraken itself going public.
Itâs an entirely separate SPAC affiliated with Kraken.
But the signal is loud and clear:
đ Kraken is preparing for its own future public listing
đ Crypto-linked SPACs are entering Nasdaq
đ Investor appetite for digital assets is heating up again
Put it all together: 2026 is becoming the year Crypto and Wall Street finally sit at the same table.
đ Bottom Line
The fusion of Crypto â TradFi is no longer a âfuture prediction.â
Itâs happening right now.
This SPAC isnât just another financial vehicleâŠ
Itâs proof that $BTC , $ETH , $BNB , and the entire Web3 sector are entering mainstream finance with full force.
And for those of us who were here earlyâŠ
Weâre still early. đ
#BTCè”°ćżćæ #ETHETFsApproved #bnb #cryptouniverseofficial #Binance


