Odaily News Cryptocurrency exchange Kraken plans to go public in the first quarter of 2026, and it is expected that the IPO will become possible as the US regulatory environment improves under the Trump administration.
The company has been considering going public for years, but the process has been delayed due to regulatory challenges from the Securities and Exchange Commission (SEC). Earlier this month, Kraken announced that the SEC would drop its case and no longer file charges.
San Francisco-based Kraken saw strong growth in 2024, with revenue exceeding $1.5 billion and adjusted earnings of $380 million.
Kraken is currently the world's tenth largest cryptocurrency exchange. It was founded in 2011 and has raised about $27 million in initial funding. (Bloomberg)