Kraken Quietly Files S-1 as IPO Preparations Move Into Focus

The U.S. Securities and Exchange Commission (SEC) has concluded its investigation into the Zcash Foundation, which began with a subpoena regarding certain crypto asset offerings. This announcement was made by the Zcash Foundation on January 14, 2026, marking the end of scrutiny for the privacy-focused cryptocurrency.

Legal expert Bill Morgan has highlighted that Ripple's inability to promote XRP over the years was primarily due to its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC), which has now reached a resolution. This legal clarity allows Ripple to shift its focus towards promoting XRP without regulatory constraints.

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.