Jamie Crawley is a CoinDesk news reporter based in London.
Kraken is said to be in talks to raise $100 million in funding by the end of the year ahead of a potential IPO.When Premier League champions Manchester City take to the field against rivals Tottenham Hotspur in late November, both teams will have crypto companies displayed on the sleeves of their players' shirts.
Crypto exchange Kraken has become the sleeve sponsor of Tottenham, commonly known as"Spurs," in a multiseason agreement. Manchester City has an equivalentKraken did not disclose the length of the deal nor the price paid. OKX's three-year partnership with Man City cost the exchange $70 million.raise $100 million in funding by the end of the year
ahead of a potential initial public offering . Sponsoring Spurs and Atlético may boost its plans given the visibility it will now enjoy in two of the most popular soccer leagues in the world.in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence.
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