Kraken Confirms Confidential IPO Filing Amid Reduced Valuation
Kraken, one of the largest crypto exchanges, has confirmed it has filed for a U.S. IPO, though its valuation has dropped to $13.3 billion from $20 billion in November. The company had previously paused its IPO plans due to the crypto winter, but now seeks to proceed with the offering.
Topics: Crypto Exchange IPO Kraken Market Conditions Valuation