Kraken would have raised $ 500 million to an evaluation of $ 15 billion, strengthening his financial situation in the midst of increasing speculation that the exchange of cryptocurrency is preparing for a first public offer (IPO).
Funding was the first reported By Fortune, which cited a source close to the negotiations in a profile on the Arjun Sethi CO-PDG. The source said Kraken closed the round earlier this month.
When contacted by Cointelegraph for confirmation, a Kraken representative refused to comment.
Increase and evaluation are largely in line with Representation of Cointelegraph in JulyWho revealed that Kraken was looking for $ 500 million to an evaluation of $ 15 billion – a decision widely interpreted as a step towards preparing for the IPO.
Although Kraken has not filed any regulatory document for a public list, several of his actions seem to be in accordance with the preparation of the introductions Improve financial disclosure. However, the company has not yet submitted a declaration of S-1 registration to the American Securities and Exchange (SEC) commission, a necessary step for any American public call.
Founded in 2011 and launched in 2013, Kraken is one of the oldest trade in industry. It has treated around $ 1.9 billion in negotiation volume in the last 24 hours, ranking among the first 15 world cryptography scholarships, according to Coinmarketcap.
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Crypto iPo mania grows
Kraken’s reported interest in a public offer is involved in the midst of a wave of cryptographic companies heading for public procurement with remarkable success.
Gemini, the exchange founded by Cameron and Tyler Winklevoss, was more than 20 times overwhelmed during his beginnings at Nasdaq, Increase $ 425 million. Since it became public earlier this month, its market capitalization has increased to more than $ 2.8 billion.
Circle, the transmitter of the USDC (USDC), finished a billion dollars’ IPO in June, with share an increase of 167% on the day of opening. The company now controls an assessment of around 31.4 billion dollars.
Technological solutions of figuresA lock -based lender, also organized successful beginnings. Its shares increased by more than 20% when trading began in September, raising its market capitalization of more than $ 8.4 billion.
Meanwhile, Bitgo, a leading crypto goalkeeper with more than $ 90 billion in active S-1 registration documents deposited With the dry because she seeks to register her ordinary class A shares on the New York Stock Exchange.
The Rush IPO intervenes in a context of favorable regulatory developments in the United States, including the adoption of the draft law on the stable engineering and progress on market structure and anti-CBDC legislation, which, together, have given greater clarity to the digital asset industry.
https://www.youtube.com/watch?v=ry9mi57pbjs
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