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Crypto exchange Kraken confirms it has confidentially filed for an IPO

Summary by CNBC
Kraken co-CEO Arjun Sethi said the crypto exchange has confidentially filed for a U.S. initial public offering, confirming CNBC's previous reporting.

15 Articles

Key points of the news: Kraken aims to be listed on Wall Street in the third quarter after confidentially presenting his outing on the stock market, with a recent valuation of $13.3 billion. Co-CEO Arjun Sethi said the platform wants to offer retail users the same trading tools that institutions use, thus expanding its strategy. Deutsche Börse’s $200 million investment and new access to Fedwire reinforce traditional support and payment infrastru…

The cryptofirm confirms that he presented his S-1 confidentially, but the market has cut his price: from $20 billion to $13.3 billion in just a few months.

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BeInCrypto broke the news in Hong Kong on Tuesday, April 14, 2026.
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