Kraken joins crypto IPO wave despite sector volatility

Crypto NewsWednesday, November 19, 2025 at 5:35:00 PM
Kraken joins crypto IPO wave despite sector volatility
  • Kraken's parent company is moving forward with plans for an IPO, reflecting a strategic decision to expand its market presence despite ongoing volatility in the cryptocurrency sector.
  • This IPO initiative is crucial for Kraken as it seeks to capitalize on its recent valuation increase to $20 billion, supported by substantial funding rounds, including a $200 million investment from Citadel Securities.
  • The broader cryptocurrency market is currently experiencing fluctuations, with some firms facing downturns while others, like Kraken, are positioning themselves for growth, highlighting the contrasting fortunes within the industry.
— via World Pulse Now AI Editorial System

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Kraken-linked SPAC files for $250m Nasdaq IPO
NeutralCryptocurrency
A special purpose acquisition company (SPAC) affiliated with the cryptocurrency exchange Kraken has filed for a $250 million initial public offering (IPO) on Nasdaq, as indicated in a registration statement submitted to U.S. regulators on January 12. This move marks a significant step for Kraken as it seeks to expand its presence in the public markets amidst a fluctuating cryptocurrency landscape.

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