Kraken

Kraken is a United States–headquartered cryptocurrency exchange and institutional services provider operating in the cryptocurrency and...

Facts

HQ
offshore
Sectors
Cryptocurrency, Financial Services, Institutional Services

Eightco Holdings (ORBS) Discloses $391M Treasury with $90M OpenAI Exposure, Holds ~302M WLD and Joins World Foundation’s $52.5M Round

Eightco Holdings (NASDAQ: ORBS) updated its July 26, 2026 treasury composition — totaling about $391 million — including $90M indirect OpenAI equity, $18M Beast Industries equity, ~302M WLD tokens, 16,278 ETH, and $142M cash/stablecoins, and announced participation in World Foundation's $52.5M funding round led by Pantera Capital. The release highlights Worldcoin's reduced token issuance (cutting daily new supply roughly in half), ORBS's position as the largest publicly disclosed institutional WLD holder (~8% of circulating supply), and the company’s focus on AI, digital identity, and the creator economy.

AlpacaDB Inc. raises $135M strategic investment led by Peak XV and Elefund, total funding reaches $435M

AlpacaDB Inc. secured a strategic investment of over $135 million—led by Peak XV and Elefund—to expand its AI agent–based securities infrastructure, bringing total funding including recent debt to $435 million. The company will use the proceeds to accelerate development and deploy an API-first prime brokerage, with debt provided mainly by Payward (Kraken) and BMO and participation from Opera Tech Ventures and Unbound.

Kraken Robotics Acquires Covelya Group for $615M, Updates 2026 Guidance to $290-$320M Revenue

Kraken Robotics completed its $615 million acquisition of Covelya Group, enhancing its subsea technology portfolio and leadership team while raising its 2026 revenue guidance to $290-$320 million. The acquisition is expected to drive significant cost synergies and EPS accretion, positioning Kraken as a leading global provider of subsea intelligence solutions.

Eightco Holdings Reports $436 Million Treasury Including $90M OpenAI Equity and 283 Million Worldcoin Tokens as of June 2026

Eightco Holdings reported total treasury holdings valued at approximately $436 million as of June 24, 2026, including $90 million in OpenAI equity, $18 million in Beast Industries equity, over 16,000 ETH, 283 million Worldcoin (WLD) tokens, and $149 million in cash and equivalents. The company provides indirect exposure to key innovation sectors such as artificial intelligence, digital identity, and the creator economy.

Kraken-Incubated Ink Transfers Core Infrastructure to Optimism’s Fully Managed Service in Multi-Year Deal

Ink, an Ethereum Layer 2 network incubated by Kraken, has transferred its core infrastructure operations to Optimism’s OP Enterprise Fully Managed service under a multi-year deal, allowing Ink to focus on ecosystem growth and new financial products. Ink launched its mainnet in December 2024, processing over 1 million transactions in its first day, with applications generating nearly $40 million in annual revenue.

OfferUp appoints Melinda Starbird as first chief people and diversity officer; Steve Hobbs named Washington secretary of state; Convoy engineering VP Tim Prouty moves to Headway

OfferUp named Melinda Starbird as its first chief people and diversity officer; she previously held senior HR roles at Auth0, Avanade, Whitepages and Hiya. The brief also reports Washington Gov. Inslee appointed State Senator Steve Hobbs as secretary of state effective Nov. 22, and Convoy VP of engineering Tim Prouty left to become VP of engineering at mental-health platform Headway.

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