British Investment Trust bought a stake in Kraken – Bits Media

Investment trust RIT Capital Parners with capital 3.8 billion pounds sterling ($5.3 billion), driven by J. Rothschild Capital Management, bought a stake in the American cryptocurrency exchange Kraken.

The purchase became known at the webinar of the broker Numis Securities, held at the end of March. Director Numis Evan Lotet Termer (Ewan Lovett-Turner) told, that the purchase took place in the secondary market, Since "Rit Capital considered this investment attractive".

It is still unknown, how many shares of Kraken and at what price were bought by a British trust, respectively, the purchase volume is also unknown. More likely, Trust bought a share of Kraken in the hope of a significant income after the cryptocurrency exchange enters the stock market.

In a letter
investors, published 12 april, It is noted, that Kraken is one of the largest cryptocurrency exchanges in the world, founded in 2011 year. She has more 6 Million customers, And in terms of bidding, she occupies 4 place ».

Expected, that kraken, Similarly to another American exchange of Coinbase, will conduct direct listing on the stock exchange. Planned
This move on 2022 year. Exchange Director General Jesse Powell (Jesse Powell) expects, that the capitalization of the company will exceed $10 billion after entering the stock market.