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Kraken-Backed SPAC Seeks $250 Million IPO to Target Crypto Deals

Kraken is extending its reach into public markets through a newly formed special purpose acquisition company that has filed for a $250 million initial public offering in the United States. The vehicle, named KRAKacquisition Corp., plans to list on the Nasdaq Global Market under the ticker symbol KRAQU, offering 25 million units priced at $10 […]