Kraken Files for IPO, Valuation Soars
Update: 2025-11-19
Description
Kraken, a leading crypto exchange, has confidentially filed for an IPO, aiming to join the public market. This move comes as other digital asset companies also find success in going public. Krakens latest valuation stands at $20 billion, a 33% increase in less than two months, reflecting rapid growth and investor confidence. However, specifics about the offering, such as share numbers and price, remain undisclosed. This development underscores the evolving cryptocurrency landscape and potential integration into mainstream finance.
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