economy
April 14, 2026
Crypto exchange Kraken confirms it has confidentially filed for an IPO
Kraken co-CEO Arjun Sethi said the crypto exchange has confidentially filed for a U.S. initial public offering, confirming CNBC's previous reporting.
TL;DR
- Kraken has confidentially filed for a U.S. initial public offering.
- Co-CEO Arjun Sethi confirmed the filing, previously reported by CNBC.
- The exchange's valuation has reportedly decreased to $13.3 billion from $20 billion.
- Kraken had previously frozen its IPO plans amid a downturn in the cryptocurrency market.
- Bitcoin's price has recently increased after a significant drop.
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