KRAKEN RESEARCH Long $ 1B increased in front of potential IPO 2026: Report

Kraken allegedly explores the possibility of increasing to a billion dollar funding a long-run public offer.

The company cooperates with the Financial Goldman Sachs Group Inc. I JPMORGAN CHASE & CO. In order to assess this strategic move, according to Bloomberg reporting. The proposed debt raising, which could be as much as $ 200 million, is intended to settle Kraken’s growth initiatives, not covering operating costs.

In addition to debt funding, Kraken is considering the gathering of capital, although no final decision has been made and conditions can be developed.

Founded in 2011 year, Kraken He has experienced significant growth, reporting increasing $ 1.5 billion revenues in 2024. years, with adjusted earnings before interest, taxes, depreciation and depreciation of $ 380 million.

The platform serves over 10 million users in more than 190 countries, processes quarterly quarterly trading volume of more than $ 207 billion.

Kraken’s IPO

Kraken’s IPO ambition They stepped up a more favorable regulatory environment under the President Donald Travel. The company aims to go public in the first quarter of 2026. years.

This optimism follows recent dismissal From the securities and lawsuit for the exchange of the Commission against KRAKEN, which accused the exchange of work as a unregistered broker of securities. The SEC decision to fulfill the case has cleaned a significant obstacle to Kraken’s public lists.

In a strategic move to diversify its offers, Croken Agreed last week In order to gain NinjaTrader, American retail platform based on American retailer, for $ 1.5 billion.

This acquisition is set to improve Kraken’s ability to offer crypto futures and derivatives in the American market, aligning with its broader goals of entering trade and payment funds for trade and pay sectors.