Kraken Extends $60 Million Nakamoto Loan Through December 2027
Key Highlights Kraken amended Nakamoto’s $165 million USDT credit facility on November 12, 2026. The debt is now split into $105 million due June 30, 2027, and $60 million due December 4, 2027. Eligible collateral now includes the net value of Nakamoto’s Bitcoin derivatives positions with Payward Oceanic Ltd. Kraken Restructures Nakamoto’s $165 Million Bitcoin-Backed ...