Post
Topic
Board Exchanges
Merits 1 from 1 user
Re: Is this Kraken e-mail for real?
by
figmentofmyass
on 21/05/2019, 18:50:56 UTC
⭐ Merited by PrimeNumber7 (1)
Wow, that never even occurred to me. It sounds plausible. Kraken began their fundraising push around December last year, several months after those funds were apparently seized.
Kraken will almost certainly raise their fundraising goal based on the way things are looking.

If they are trying to plug a hole caused by crypto Capital, they will be able to do so, assuming the hole is only the $10 million they are trying to raise. Bitfinex was able to raise ~100x as much money as kraken is trying to raise.

they raised at least $100m earlier this year from a private investment round. that's why i was surprised they were turning to bnktothefuture for such a small amount.

i guess it makes perfect sense if they just need a bit more to cover the shortfall from crypto capital.