RIT Capital Partners, formerly known as the Rothschild Investment Trust, has acquired an interest in the Kraken cryptocurrency exchange, according to a note to investors dated April 12.
- The note referred to a webinar in March that announced the investment but did not mention the size of the investment nor the amount paid.
- It also made reference to news that Kraken is considering going public through a direct listing in 2022.
- Neither Kraken nor RIT were immediately available for comment.
- RIT Capital is a U.K.-based investment trust founded by Lord Jacob Rothschild of the prominent Rothschild banking family. It has a market capitalization of £3.8 billion ($5.28 billion).
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