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.

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)

Sources