Miner Company
Kraken IPO still on table despite valuation cut and market pause, co-CEO says
Crypto exchange Kraken is still pursuing a potential US initial public offering, even as its valuation has fallen sharply and listing plans have been put on hold amid volatile market conditions, its co-chief executive said. The company confidentially filed an S-1 registration statement with the US Securities and Exchange Commission in November but delayed its IPO plans amid difficult market conditions.
Crypto exchange Kraken is still pursuing a potential US initial public offering, even as its valuation has fallen sharply and listing plans have been put on hold amid volatile market conditions, its co-chief executive said. The company confidentially filed an S-1 registration statement with the US Securities and Exchange Commission in November but delayed its IPO plans amid difficult market conditions.