Global Stock News

Crypto Exchange Kraken Prepares for IPO

Crypto Exchange Kraken Prepares for IPO

Kraken Co-CEO Arjun Sethi said Tuesday (April 14) that the crypto exchange confidentially filed for an initial public offering (IPO), Semafor reported Tuesday.

Sethi shared this news at a Semafor World Economy event in Washington, D.C., according to the report.

Kraken aims to help its customers make sophisticated trades that would otherwise be available only to professional investors, Sethi said.

“That’s our mission: How do we make all these products open? We want to be able to help enable what you want to do with your own capital,” Sethi said, per the report.

Kraken announced in November that it had confidentially filed for an IPO with the Securities and Exchange Commission (SEC) and that it expected the IPO to occur…

Source link

Share this article

Scroll to Top