Kraken was reportedly considering a funding round expected to raise more than $100 million ahead of a potential initial public offering.
The cryptocurrency exchange said in 2021 — before Coinbase’s IPO — that it planned to pursue a direct listing if it chose to go public.
United States-based cryptocurrency exchange Kraken is reportedly considering a funding round to raise more than $100 million for the firm ahead of a potential initial public offering .citing people familiar with the matter, Kraken was looking at a funding round expected to raise more than $100 million by 2025. The exchange reportedly said it was “always exploring strategic paths” toward global crypto adoption but did not specifically comment on a potential IPO.filed by the U.S.
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