Crypto Platform Kraken Adds Tribe Capital’s Sethi to Its Board
- Tribe has spent $120 million on primary and secondary equity
- Company has eyed funding at a valuation of over $20 billion
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Tribe Capital co-founder and partner Arjun Sethi joined the board of cryptocurrency exchange Kraken, which has been in talks to raise fresh funding at a valuation that could surpass $20 billion.
Since December, Tribe has spent $120 million on primary and secondary equity investments, and is Kraken’s second-largest institutional investor behind Hummingbird Ventures, Sethi said in an interview.