{"id":16978,"date":"2025-03-10T11:02:21","date_gmt":"2025-03-10T11:02:21","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=16978"},"modified":"2025-03-10T11:02:21","modified_gmt":"2025-03-10T11:02:21","slug":"crypto-is-down-but-were-ipo-boys-now-everything-to-know-about-kraken-ipo-2026","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=16978","title":{"rendered":"Crypto Is Down But We\u2019re IPO Boys Now: Everything to Know About Kraken IPO 2026"},"content":{"rendered":"
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Leading cryptocurrency exchange Kraken is preparing for an initial public offering (IPO) next year, according to a report<\/a> from Bloomberg.<\/p>\n

The IPO is slated to happen during the first quarter of 2026. The timing seems impeccable as it comes amid the Trump administration\u2019s uber pro-stance on digital assets.<\/p>\n

\"Crypto<\/h2>\n

(@Matthias_Holist<\/a>)<\/p>\n

Kraken To Go Public After Doubling Its Revenue In 2024<\/h2>\n

The San Francisco-based crypto exchange reported $1.5 billion in revenue for 2024, over double of the previous year\u2019s $671 million. Kraken\u2019stiming for a potential IPO comes after it ended the year with 2.6 million funded accounts and $42.8 billion in assets held across its platform.<\/p>\n

It communication with Bloomberg News, Kraken stated; \u201cWe recently disclosed 2024 financial highlights to be more transparent about our business, which is something we started by being first to publish proof of reserves, and we\u2019re going to continue to prioritize going forward.\u201d<\/p>\n

The crypto exchange ended its dialogue with Bloomberg by saying, \u201cWe\u2019ll pursue public markets as it makes sense for our clients, our partners and shareholders.\u201d<\/p>\n

In recent times, Kraken has been expanding from simply being a crypto exchange. In October 2024, it launched kBTC<\/a>, a wrapped Bitcoin token native for its platform.<\/p>\n

Around the same time, the firm announced<\/a> the launch of Ink, a blockchain being built on Optimism\u2019s Superchain. Kraken stated that the goal is to provide decentralized finance (DeFi) to a wider audience. Ink will be used for DeFi trading, borrowing, and lending.<\/p>\n

EXPLORE: Solana Validators Set to Vote on Upgrade as First Layer-2 Solaxy Storms Ahead in Presale with $25.6M Raised<\/a><\/strong><\/p>\n

Kraken Hoping To Follow In The Footsteps Of Coinbase, The First Crypto Exchange To Hit The Stock Market<\/h2>\n
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Huge day for crypto with the Coinbase IPO set for the Nasdaq. 1Q21 performance is incredible. $1.8b top line with 56m users.<\/p>\n

Reference listing price of $250 implies a $65bn valuation but FTX pre-IPO contracts are well over $500, pointing to a massive first day pop \"\ud83d\ude80\"\"\ud83d\ude80\" pic.twitter.com\/qUCcQsQvKh<\/a><\/p>\n

\u2014 Koshiek Karan (@iamkoshiek) April 14, 2021<\/a><\/p>\n<\/blockquote>\n