NEW YORK, NEW YORK – MARCH 25: Traders work on the floor of the New York Stock Exchange during morning trading on March 25, 2026 in New York City.
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Arjun Sethi, the co-CEO of Kraken, told the Semafor World Economy Summit on April 14 that what retail crypto traders really want is what Citadel, Jane Street and JPMorgan already have. “That’s our mission,” he said. “How do we make all these products open?” Sethi used the appearance to confirm that Kraken’s confidential S-1 with the Securities and Exchange Commission is still active, first filed in November 2025 and paused this March when markets softened.
The product Kraken wants to sell retail is the same product its institutional desk already sells: tight spreads, fast…
