KRAKEN FILES IPO AFTER $800M FUNDRAISING AT $20B VALUATION
https://media.zenfs.com/en/coinspeaker_us_106/ee0d279b99cd9886522a3a8376035998
βοΈ Kraken, a US-based cryptocurrency exchange, has submitted a draft registration statement to the SEC to offer common stock in an initial public offering (IPO).
π Kraken has submitted a draft registration statement to the SEC for an initial public offering (IPO). π The company has completed an $800 million fundraising effort across two tranches. π The IPO is expected to occur after the SEC completes its review process. π Kraken plans to use the additional capital to scale global operations, deepen its regulatory foothold, and expand its products and services.
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