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Kraken Raises $500M at $15B Valuation, Fuels IPO Speculation


Kraken, a U.S.-based cryptocurrency exchange, has reportedly closed a $500 million funding round, reaching a valuation of $50 billion. The raise, which had participation of Arjun Sethi, co-CEO of Kraken, and Tribe Capital, a venture capital firm founded by Sethi himself, has fueled speculation...

HSBC Touts Quantum Win: IBM Test Boosts Bond-Trading Predictions by 34%


HSBC says quantum computing just clocked a real trading win, reporting empirical gains in algorithmic bond pricing with IBM’s hardware and know-how. IBM Heron Takes Flight: HSBC Flags Quantum Gains in Algorithmic Bond Trading Announced Sept. 25, the joint trial touts the world’s first-known...

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