Kraken Revives IPO Plans with Deutsche Börse Investment of $200 Million
Kraken has revived its IPO plans following a pause, with co-CEO Arjun Sethi confirming the move at a conference. Deutsche Börse has invested $200 million in Kraken's parent company, Payward, Inc., implying a $13.3 billion valuation. This marks a significant drop from Kraken's previous $20 billion valuation in late 2025.
Topics: cryptocurrency exchange Deutsche Börse investment IPO Kraken