Kraken, a leading cryptocurrency exchange, has secured a significant $200 million investment from Citadel, a prominent US hedge fund, according to Fortune. This investment values Kraken at an impressive $20 billion, highlighting the continued institutional interest in the crypto space. The influx of capital will likely be used to fuel Kraken's expansion plans, potentially including new product offerings, geographic reach, and further development of its existing platform. This investment signals strong confidence in Kraken's business model and its future growth potential within the evolving digital asset landscape. The backing from a major player like Citadel underscores the increasing maturity and acceptance of cryptocurrencies within the traditional financial world. ```