"Kraken co-CEO Arjun Sethi confirmed the exchange's confidential SEC IPO filing at the April 14, 2026, Semafor event, signaling that the confidential filing process remains active."
"Kraken's valuation dropped to $13.3 billion by April 2026, down from a $20 billion peak following its November 2025 funding round, indicating significant market fluctuations."
"No public S-1 or IPO date has been set, with Kraken citing market conditions after pausing plans in March 2026, reflecting the cautious approach in the current crypto landscape."
Kraken's co-CEO Arjun Sethi confirmed the company's confidential IPO filing with the SEC during the Semafor event on April 14, 2026. The company's valuation has decreased to $13.3 billion from a peak of $20 billion following an $800 million funding round in November 2025. No public S-1 or IPO date has been established, as Kraken paused its plans in March 2026 due to unfavorable market conditions. Sethi did not provide further details regarding the timeline or valuation for the offering.
Read at news.bitcoin.com
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