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Kraken Files for IPO in the US

Crypto exchange Kraken revives its IPO plans despite a lower valuation and ongoing market uncertainty.

Kraken Revives IPO Plans

Major cryptocurrency exchange Kraken has filed for an initial public offering in the United States, resuming its plans after a pause earlier in 2026. The company had previously delayed going public due to unfavorable market conditions but is now moving forward as part of its long-term growth strategy.

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Lower Valuation Amid Market Shifts

Despite renewed IPO efforts, Kraken’s valuation has reportedly declined to around $13.3 billion, down from its previous peak of $20 billion. The company also raised approximately $200 million in new funding, reflecting continued institutional interest but also more cautious sentiment across the crypto market.

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