Transaction · Crypto / Digital Assets · 2021

Kraken / Staked 2021

Kraken acquired Staked on December 22, 2021.

Target
Staked
Acquirer
Kraken
Announced
December 22, 2021
Sub-sector
Crypto / Digital Assets

Transaction overview

  • Kraken announced the acquisition of Staked on December 22, 2021.
  • The deal is expected to close pending customary conditions.

Strategic rationale

Strengthens staking infrastructure and product offering; expands Kraken's portfolio of yield products for crypto investors retaining asset custody.

Deal terms & multiples

Deal value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
December 22, 2021
Acquirer
Kraken (Strategic)

Frequently asked questions

When did Kraken announce the acquisition of Staked?

Kraken announced the acquisition of Staked on December 22, 2021.

What sub-sector is Staked in?

Staked is tracked in the Crypto / Digital Assets sub-sector.

Sources