Kraken-backed SPAC KRAKacquisition raise $345M for Nasdaq IPO make dem fit pursue digital-asset deals

KRAKacquisition Corp, na SPAC wey Kraken (di crypto exchange) dey back, plus support from Tribe Capital and Natural Capital, don finish an upsized Nasdaq IPO and dem raise $345 million by selling 34.5 million units at $10 each (dem even full exercise the underwriters’ overallotment). Units don start to dey trade for Nasdaq Global Market under ticker KRAQU; each unit na one Class A common share plus one-quarter redeemable warrant wey fit exercise at $11.50. Original filing bin talk say dem wan raise $250 million but dem increase size during pricing; registration statement come become effective Jan 27, 2026. Sponsors include affiliates of Payward Inc. (Kraken parent), Natural Capital and Tribe Capital. KRAKacquisition go target companies for digital-asset ecosystem — payment networks, tokenization platforms, blockchain infrastructure and compliance solutions — but dem never identify or contact acquisition candidates yet. Gross proceeds $345 million go dey held for trust while dem dey wait for business combination inside the SPAC time limit. The deal show say appetite for crypto IPOs and SPACs don return because US policy dey more pro-crypto and e follow the broader 2025–26 momentum of crypto firms wey dey consider public listings (reports name Ledger, Copper and Securitize among dem wey dey consider). Key stats for traders: $345M raised, 34.5M units, $10 per unit, $11.50 warrant strike, Nasdaq ticker KRAQU. Primary keywords: Kraken, SPAC, Nasdaq IPO, crypto IPOs, digital asset M&A.