Kraken’s IPO on the horizon, but is it too little, too late?

-

Kraken’s going public. One of the OG crypto exchanges, is eyeing an IPO in early 2026. And why now?

Well, it seems the regulatory climate in the U.S. has finally warmed up, thanks to a certain someone in the White House.

But let’s not get ahead of ourselves, this isn’t Kraken’s first rodeo with regulators.

Release the Kraken!

Kraken’s had its fair share of battles with the SEC, but things have cooled down lately.

The SEC dropped its case against them, and they managed to resolve another without any penalties.

It’s like the regulatory storm has finally passed, and Kraken’s ready to capitalize on the calm.

They’re not alone, either, other big players like Circle, BitGo, and Gemini are also considering going public.

The time has become

But what’s driving this trend? Well, for starters, Kraken had a killer year in 2024.

They raked in $1.5 billion in revenue, a quite impressive 128% increase from the previous year, and managed $42.8 billion in customer assets.

That’s some serious muscle. And with institutional investors sniffing around, it’s the perfect time to make a move.

The bullish case

Now, you might be wondering what this means for you, the average crypto user. Well, it’s simple, it means probably more transparency and potentially more trust in the system.

Kraken’s already been a pioneer in publishing proof of reserves, so going public is just the next step. But let’s not forget, this is still the wild west of finance. There are risks, and there are uncertainties.

The real question is, will this IPO be too little, too late? The crypto industry and the crypto market are changing fast, and regulatory winds can shift quickly.

But for now, Kraken’s betting big on a brighter future. And if you’re a crypto fan, you might just want to keep an eye on this one.

Have you read it yet? Tokenized Treasuries are appeal to the big boys, and it shows

Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.

LATEST POSTS

Animoca Brands Scores Big, And Gains Abu Dhabi Approval for Regulated Fund Launch

In a move that feels like blockchain’s answer to Miami Vice, Animoca Brands is stepping up its game by grabbing initial approval to launch a...

JPMorgan Faces Crypto Fury: Bank Sparks Boycott Buzz Over Account Closures and Bitcoin Warnings

JPMorgan Chase & Co. finds itself at the center of a crypto storm, with voices from the cryptocurrency world rallying for a boycott and accusing...

The Russian Job: Man Tried to Rob Crypto Exchange With Fake Grenades

In a scene straight out of a low-budget action flick, a young man in St. Petersburg tried to pull off a crypto heist armed with...

Pump.fun’s USDC Exodus Is Memecoin Meltdown or Masterstroke?

Pump.fun, the crowned king of memecoins on the Solana blockchain, has just been spotted making a massive cash dash, over 436 million USDC flown out...
122FollowersFollow

Most Popular

Guest posts