Kraken confidentially files for US IPO
Crypto Briefing
Cryptocurrency exchange Kraken has confidentially filed for a US initial public offering with the SEC.Summary
Payward, the parent company of the US-based crypto exchange Kraken, has confidentially submitted a draft registration for an initial public offering (IPO) with the US Securities and Exchange Commission (SEC). The specifics regarding the number of shares and the price range have not yet been disclosed. The timeline for the IPO is dependent on the SEC's review process and prevailing market conditions. This filing follows previous statements from co-CEO Arjun Sethi indicating the company was not in a rush to go public. Kraken's IPO move is intended to support the expansion of its digital asset offerings.
(Source：Crypto Briefing)