Kraken Delays IPO Despite Industry Momentum

Crypto exchange Kraken is choosing to forgo a US public offering, despite a wave of industry players going public in recent months. Co-CEO Arjun Sethi attributes this decision to the company’s financial strength and stable operations as a private firm. He argues that there’s no need to rush into an IPO at this time. ographies. Kraken claims it is financially sound and not in a hurry to pursue a U.S. IPO, despite the industry momentum.