JUST IN:
Kraken's IPO Plans Resume as SEC Drops Unregistered Broker Case
Kraken's plans for an initial public offering (IPO) are moving forward after the U.S. Securities and Exchange Commission (SEC) dropped a lawsuit against the cryptocurrency exchange that accused it of operating as an unregistered broker.
This lawsuit had previously stalled Kraken's IPO ambitions, which had faced numerous challenges, including regulatory scrutiny and adverse market conditions since 2023.
Following the SEC's decision, which included no admission of wrongdoing and no penalties, Kraken's leadership is optimistic about entering public markets as soon as early 2026.
Kraken's IPO Plans Resume as SEC Drops Unregistered Broker Case
Kraken's plans for an initial public offering (IPO) are moving forward after the U.S. Securities and Exchange Commission (SEC) dropped a lawsuit against the cryptocurrency exchange that accused it of operating as an unregistered broker.
This lawsuit had previously stalled Kraken's IPO ambitions, which had faced numerous challenges, including regulatory scrutiny and adverse market conditions since 2023.
Following the SEC's decision, which included no admission of wrongdoing and no penalties, Kraken's leadership is optimistic about entering public markets as soon as early 2026.
1 month ago
