The post Kraken Approaches Wall Street Debut With Confidential US IPO Filing appeared on BitcoinEthereumNews.com.

The cryptocurrency exchange, Kraken, has confidentially filed paperwork for an initial public offering in the United States. Kraken Advances Toward Public Listing The company, which is one of the world’s longest-operating crypto exchanges, confirmed that it submitted a draft registration statement on Form S-1 to the US Securities and Exchange Commission (SEC), marking its first formal step toward a potential listing. The exchange said the filing was made under Rule 135 of the Securities Act, clarifying that the disclosure “does not constitute an offer to sell or the solicitation of an offer to buy any securities.” Details such as the number of shares to be offered and the expected pricing range remain undisclosed and will be determined once the SEC completes its review and market conditions align with the company’s plans. Rising Interest in Public Markets Kraken’s decision comes at a time when digital asset companies are re-entering public markets with renewed momentum. Industry analysts note that the exchange is seeking to capitalise on market appetite ahead of the 2026 US midterm elections, a period expected to bring heightened regulatory and political attention to the sector. The move has drawn attention across the broader crypto community. Commenting on the filing, industry participant Ted Pillows wrote that it would be “interesting to see those listings and how they would perform,” reflecting the wider anticipation surrounding the next wave of crypto-focused IPOs. Financial Growth and Expanding Services Kraken’s filing follows a major funding round that raised $800 million and valued the San Francisco-based company at $20 billion. The investment included a $200 million strategic commitment from Citadel Securities, with additional participation from Jane Street and DRW Venture Capital. Founded in 2011, Kraken has expanded into a multifaceted digital asset platform offering more than 450 cryptocurrencies, US futures, US-listed stocks and ETFs, and…

---

Filed under: News - @ November 21, 2025 4:23 am