Kraken Raises $500 Million for 2026 U.S. IPO, Fueling Market Interest in Crypto Exchanges

Kraken has secured a significant $500 million funding round, positioning the exchange for a potential U.S. Initial Public Offering (IPO) in early 2026. This funding was led by prominent firms such as Apollo Global Management and HSG, raising the exchange’s valuation to $15 billion. The move comes amidst growing interest in crypto exchanges following this major investment. Kraken’s upcoming IPO is viewed as a significant milestone for the exchange, signaling its ambition to solidify its position within the U.S. market.