Speculation that Kraken was planning to go public has been circulating since mid-2024, with one report suggesting it would do so in the first quarter of 2026.
Crypto exchange Kraken isn’t rushing toward a US public listing, even as a friendlier policy climate and improving market conditions have spurred other crypto companies to pursue an initial public offering.
“We’re financially sound. We know how to have our own risk management on how we run our company,” Kraken co-CEO Arjun Sethi told Yahoo Finance on Thursday.
“We have enough capital on our balance sheet today as a private company,” he added. “We don’t race to the door as quickly as possible.”
