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Origin Energy Fuels Kraken’s $1B Raise, Retains Key Stake Ahead of Split

8:31am on Tuesday 30th of December, 2025 AEDT Energy
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Origin Energy Fuels Kraken’s $1B Raise, Retains Key Stake Ahead of Split

8:31am on Tuesday 30th of December, 2025 AEDT
Key Points
  • Kraken raises US$1 billion in first standalone equity round
  • Origin invests US$140 million and retains 22.7% economic interest
  • Kraken valued at US$8.65 billion standalone
  • Major licensing deal adds over 10 million customer accounts
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