Kraken points to an assessment of you $ 15 billion prior to your IPO: report
Kraken cryptocurrency exchange would be looking to raise USD $ 500 million prior to its launch in the bag. The financing would give you an assessment above the USD $ 11 billion of 2022.
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- Kraken cryptocurrency exchange would be looking to raise USD $ 500 million.
- The financing would give you an assessment above the USD $ 11 billion of 2022.
- Kraken prepares for an exit to the American bag, expected for the beginning of 2026.
Cryptocurrency exchange Kraken He would be pointing to an assessment of 15 billion dollars prior to its expected initial public offer (IPO) in the United States.
The news agency The Information has reported, citing familiar people, which Kraken Plan to raise USD $ 500 million, not to mention a main investor, a schedule or specify whether the round would include secondary sales.
The financing would grant the company based in San Francisco an assessment of USD $ 15,000 million, very above the previous valuation of 11 billion dollars who obtained Kraken In 2022, the report adds.
This report coincides with a previous publication of Bloombergwhich reported in March the preliminary conversations of exchange with bank giants Goldman Sachs and JPMorgan About a possible collection of between USD $ 200 million and USD $ 1 billion prior to its IPO. According to that report, Kraken I was also evaluating a round of shares prior to the IPO.
The news comes in the midst of the rumors of the advances of Kraken in preparations for public departure in the United States, and is the last sign of the renewed appetite of investors by large cryptocurrency platforms.
Kraken prepares for his anticipated IPO
Founded in 2011, Kraken Drawing his plans to contribute publicly, possibly during the first quarter of 2016, although he has long hinted at his intention to quote his actions in the North American Stock Exchange.
The exchange currently manages around USD $ 1,370 million in volume of daily operations and lists more than 1,100 commercial pairs, according to Coingcko. It has approximately half of the negotiation volume in 24 hours of its main rival based in the United States, Coinbasewhose market capitalization exceeds USD $ 100 billion.
The efforts of Kraken To become a public company in the United States, they coincide with a broader group of cryptocurrency companies that seek the same, in the face of a favorable regulation under the administration of Donald Trump.
The fund manager, Grayscaleand cryptocurrency custodian, BitgoThey have presented confidential IPO in recent weeks. Also the exchange of cryptocurrencies Bullishbacked by Peter Thiel, presented the documentation of an IPO last month after the successful stock debut of Circle In the New York Stock Exchange. ETOROwhich offers investments in crypto, debuted in Nasdaq in May.
Crypto companies in the American Stock Exchange have increased in recent weeks, in line with a wider upward movement in the market. Coinbasewho went over in 2021, has seen his shares grow 50% since the beginning of 2025 and recently conquered a new high -price historical maximum of $ 440.
Kraken He has been in expansive mode as his long -awaited stock debut is approaching. The company acquired the futures platform in March Ninjatrader In an agreement of USD $ 1.5 billion, part of an impulse towards broader derivatives and commercial products. He also launched tokenized shares of the US market. While opening beyond cryptocurrencies.
Hannah Estefanía Pérez / Diariobitcoin
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