Kraken has been reported to be set to raise half a billion dollars funding for an appreciation of $ 15 billion while American Crypto is exchanging a potential public offering.
The information reported The $ 500 million funding plan on Tuesday, citing people familiar with this matter, adding it Kraken was last worth nearly $ 11 billion in 2022.
Bloomberg reported In March Kraken targeted a public debut ahead of the first quarter of 2026, citing a more friendly regulatory environment under Trump management.
The company can look for a windfall in the middle of a recent boom on the initial public offerings, which now has a net big money for trading platforms such as ETORO and Crypto Stablecoin Issuer Circle Internet Group.
Kraken currently has $ 1.37 billion in the sunny trading volume and has listed more than 1,100 trade pairs, according to coingecko. It has about half the volume of major US -based rivals, Coinbase, with $ 2.77 billion and 448 trade pairs.
Kraken did not respond immediately to the cointelegraph request for the comment.
Shares to Crypto companies find big ones
Crypto companies have seen major gains this year as Bitcoin (Btc) will continue to hit new highs and investors look to get exposure to the sector.
Circle, gave a USDC (USDC), a $ 1 billion public offer was completed in early June and began trading with the New York Stock Exchange for $ 31. This has since earned 484%, closing the trade on Tuesday to over $ 181.
The trading platform ethoro (ethor), which offers stock and crypto trading, Debuted with Nasdaq in May at $ 52 and rose to over 16.5% since, last closing at $ 60.71.
Meanwhile, Coinbase (coin), which went public in 2021, has moved 50% since the beginning of the year. The Stock Trading Trading Robinhood Markets (Hood) platform, which also offers crypto trading, gained 162% to 2025.
More IPOs from regulation green light
Kraken is the latest crypto company that has been reported looking at a public list in the prevention of a wave of crypto-friendly regulations and the removal of regulations that are suited against Crypto companies in the US.
The Securities and Exchange Commission dropped a long -term violation of security violations against Kraken in March, one of many complaints against crypto companies abandoned by the regulator under President Donald Trump.
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Other companies that have been public or have plans to go public with the fintech firm Ripple, Crypto Exchange Gemini, Digital Assets and Data Center Infrastructure Firm Galaxy Digital, Grayscale and BullishA crypto exchange supported by Peter Thiel.
Kraken that expands in Europe
In June, Kraken Debuted A peer-to-peer app payment called “Krak” that allows users to send FIAT and cryptocurrency, regardless of the country’s boundaries.
The firm is also announced It can now expand its offerings and throughout the European Union after securing a license under the crypto-assets framework in June.
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