Crusoe raises $3 billion, valued at $30 billion

A data‑center developer announced the closing of a new financing round after reportedly securing a $13 billion contract with the global trading firm Jane Street. Sources familiar with the deal said the contract, which involves the construction and operation of high‑performance facilities to support Jane Street’s trading infrastructure, served as a catalyst for investors to finalize the round. The funding, the size of which was not disclosed, is expected to accelerate the developer’s expansion plans across key markets and to bolster its capacity to meet rising demand for low‑latency, high‑throughput computing resources.

Industry analysts note that the partnership underscores the growing convergence between financial services firms and specialized data‑center providers, as trading firms increasingly seek dedicated infrastructure to gain competitive advantages. The developer’s leadership indicated that the capital will be allocated toward scaling existing sites, advancing energy‑efficiency initiatives, and pursuing additional strategic contracts. With the substantial Jane Street agreement in place, the company is positioned to strengthen its market presence and support the broader growth of the data‑center sector.