Kraken Boss Hints IPO Plan Still On Despite Reports of Pause
Summary
Kraken co-CEO Arjun Sethi has signaled that the cryptocurrency exchange remains committed to its initial public offering (IPO) plans. Despite reports suggesting a freeze due to shifting market conditions, Sethi confirmed at the Semafor World Economy 2026 conference that Kraken has filed confidentially with the SEC. While the company's valuation has adjusted to $13.3 billion following a recent $200 million investment from Deutsche Börse Group, Sethi emphasized that the firm views its public offering through a long-term strategic lens, dismissing the impact of short-term policy or market volatility on their ultimate goals.
(Source:Cointelegraph)