Kraken Set to Go Public: IPO Planned for 2026

Cryptocurrency exchange Kraken is preparing to go public with an anticipated IPO in the United States by 2026, according to statements from company representatives. This move follows leadership changes and a restructuring effort aimed at strengthening its core business lines and expanding into new markets. 2026’s planned IPO signifies a significant shift for Kraken as it seeks to establish credibility within the U.S. regulated crypto landscape and boost investor confidence. A $1 billion bond financing, facilitated by Goldman Sachs and JPMorgan, is being considered to support pre-IPO expansion efforts. The financing will help Kraken assess its market strategy across U.S. financial markets, with a focus on operational efficiency as part of a broader commitment to align corporate priorities.