Kraken may be in talks to raise $100 million before the end of the year for an IPO

ChainCatcher news, according to Coindesk, it is reported that Kraken is allegedly in talks to raise $100 million before the end of the year for an initial public offering (IPO). Sponsoring Tottenham Hotspur and Atletico Madrid may enhance its plans as it will gain visibility in two of the world's most popular football leagues.

It is reported that the cryptocurrency exchange Kraken has signed a multi-season agreement with Premier League club Tottenham Hotspur to become the team's sleeve sponsor.