Investor Note Reveals RIT Capital Has Acquired Stake In Kraken

In a note released on April 12, a London-based broker and corporate advisor disclosed that clients who listened to an RIT Capital Partners webinar it hosted in March learned that “RIT has acquired an interest in Kraken.”

“For those who haven’t heard of Kraken, it is one the world’s biggest crypto exchanges having been founded in 2011. It has more than 6m clients and is the 4th largest exchange by trading volumes,” per the note. “According to media reports, Kraken is considering going public through a direct listing in 2022, after seeing record trading volumes and new clients amid a surge in the price of bitcoin.”

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