Kraken Acquisition Corp. is a special purpose acquisition company (SPAC) sponsored by cryptocurrency exchange Kraken, venture firm Tribe Capital, and investment platform Natural Capital. The company was formed to identify and merge with or acquire one or more operating businesses, with a strategic focus on the digital asset ecosystem, particularly companies bridging decentralized finance and traditional finance, including payment networks, blockchain infrastructure, and compliance solutions. Until a business combination is completed, the company holds no operating businesses or revenue and functions as a shell entity, relying on trust account capital to fund future acquisitions and on its sponsors' deep expertise in crypto, fintech, venture investing, and regulatory compliance across multiple jurisdictions to enhance the value of acquired target companies.