Key Highlights
- DDC Enterprise has announced Kraken as its official custodian partner for its Bitcoin treasury
- The company will now be able to use Kraken’s advanced trading systems and secure storage solutions
- This announcement comes after DDC raised a total of $124 million in the latest funding round
On November 19, DDC Enterprise Limited announced the onboarding of the leading cryptocurrency exchange, Kraken, to access its institutional-grade trading and custody solutions.
The primary goal behind this development is to provide great security to DDC Enterprise’s Bitcoin Treasury.
“Our onboarding with Kraken represents an important milestone as we continue to scale our Bitcoin treasury operations. Since launching our Bitcoin treasury operations in May, we have focused on building the infrastructure and governance needed for disciplined scaling. We have demonstrated and we will continue to demonstrate our ability to deliver results as we drive towards our ambitious goals,” Norma Chu, Founder, Chairwoman, and CEO of DDC Enterprise, stated in a press release.
Why Is DDC Enterprise Shaking Hands with Kraken?
This partnership will provide DDC with the infrastructure used by major financial institutions. The company can now use Kraken’s advanced trading systems and secure storage solutions. It means that the food company can now access the crypto exchange’s pools of global market liquidity and ensure its digital assets are held with maximum security.
Apart from this, it will also enable the use of qualified custody for DDC’s Bitcoin holdings. By using a regulated cryptocurrency exchange’s custodian platform, the company will be able to hold its Bitcoin reserves in a regulated manner.
Furthermore, DDC will benefit from Kraken’s efficient trade execution, which provides better pricing and smoother settlement of transactions.
“Through advanced order routing and streamlined settlement, DDC benefits from optimized price discovery and robust operational efficiency aligned with its disciplined Bitcoin accumulation strategy,” stated in a press release.
At present, DDC Enterprise holds over 1,083 Bitcoins, worth over $99.22 million. The company raised a total of $124 million from investors. The new Class A shares were priced at $10.00 each.
This major funding round was led by PAG Pegasus Fund and Mulana Investment Management. OKG Financial Services Limited, a subsidiary of OKG Technology Holdings Limited, also joined the funding round. CEO Norma Chu has also personally invested $3 million of her own capital into the round.
According to the official press release, this fresh capital is expected to be used for DDC’s corporate Bitcoin treasury.
“DDC’s leadership has consistently shown a deep understanding of market needs and a strong ability to execute. As DDC embarks on its next stage of growth, we recognize the potential for their platform to expand well beyond their core business. Our decision to invest reflects our anticipation for what DDC could accomplish as it accelerates and evolves,” Jack Li, Partner and Founder of PAG Pegasus Fund, stated in a press release.
Kraken Hits $20 Billion Valuation with Citadel Securities’ $200 Million Investment
Just a day ago, Kraken’s co-CEO, Arjun Sethi, revealed that the new investment of $200 million from Citadel Securities has placed its valuation at $20 billion.
We just announced that @krakenfx has raised $800M, a milestone that reflects years of work, discipline, and conviction. I am proud of what our team has built and grateful for the partners who chose to join us. But this is not a post about a fundraise. I want to share the side of…
— Arjun Sethi (@arjunsethi) November 18, 2025
Citadel Securities President Jim Esposito said, “We’re excited to support Kraken’s continued growth as it helps shape the next chapter of digital innovation in markets.”
In two funding rounds, the crypto exchange has managed to raise $800 million, which will boost its expansion.
“This investment represents long-term conviction in Kraken’s mission to build trusted, regulated infrastructure for the open financial system,” said Sethi. “Our focus has always been straightforward: to create a platform where anyone can trade any asset, anytime, anywhere. The caliber of our new investors reflects both the scale of the opportunity ahead and the depth of alignment around how this infrastructure should be built.”
This funding comes when Kraken is planning to launch its IPO in 2026.
