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As the line between Wall Street finance and blockchain finance blurs, get ready for more crypto companies to go public.
Kraken eyes a $500 million funding with a $15 billion valuation for its IPO, joining the growing trend of crypto firms going public.
Kraken may seek to raise $500M for a total of $15B valuation. Previously, Kraken was expected to launch an IPO in Q1, 2026.
As Kraken, prepares to raise $500 million in a new funding round, their valuation is expected to reach $15 billion.
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The crypto exchange plans a fresh capital raise amid a wave of public listings from major names in the industry.
CEO Arjun Sethi said that the latest funding round could help the company get investors comfortable with the valuation.
Cryptocurrency exchange Kraken is set to raise $500 million in funding at a $15 billion valuation, The Information reported ...